This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of complex pharmaceutical compounds. Its unique structure, featuring trifluoromethyl groups and a piperidine moiety, makes it valuable for developing molecules with potential therapeutic applications, particularly in targeting specific enzymes or receptors. It is often employed in research focused on designing inhibitors for proteins involved in disease pathways, such as cancer or inflammatory disorders. Additionally, its cyclobutene-1,2-dione core is leveraged in organic synthesis to create novel compounds with enhanced biological activity and selectivity.