This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly significant in the development of compounds targeting neurological disorders, such as antidepressants and antipsychotics, due to its structural properties that can interact with specific receptors in the brain. Additionally, it finds application in the research and development of new drugs, where its fluorophenyl group enhances the biological activity and metabolic stability of potential therapeutic agents. Its role in medicinal chemistry is crucial for creating molecules with improved efficacy and safety profiles.