Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of biologically active molecules targeting metabolic and neurological disorders. Its unique cyclobutane backbone with fluorine substitutions enhances metabolic stability and membrane permeability, making it valuable in medicinal chemistry for optimizing drug candidates. Commonly employed in the preparation of enzyme inhibitors where the hydroxy and carboxylic acid groups allow for further functionalization or salt formation to improve solubility and bioavailability.