This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring a fluorophenyl group and a carboxylic acid moiety, makes it a valuable building block for developing pharmaceutical agents, particularly those targeting central nervous system disorders. Researchers often employ it in the design and synthesis of potential drug candidates, leveraging its ability to interact with specific receptors or enzymes. Additionally, it finds application in the development of compounds with anti-inflammatory or antimicrobial properties, contributing to advancements in therapeutic drug discovery.