Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of fluorinated analogs of bioactive molecules. Its rigid cyclobutane backbone and fluorine substitutions enhance metabolic stability and membrane permeability, making it valuable in medicinal chemistry for optimizing drug candidates. Commonly employed in the design of enzyme inhibitors and receptor modulators where fluorination improves binding affinity and pharmacokinetic properties. Also utilized in the preparation of specialty chemicals requiring stereochemical control and enhanced lipophilicity.