Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules and drug candidates. Its trifluoromethyl group enhances metabolic stability and lipophilicity, making it valuable in medicinal chemistry for optimizing pharmacokinetic properties. Commonly employed in the preparation of cyclobutane-based analogs in CNS agents, anti-inflammatory compounds, and enzyme inhibitors. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its structural rigidity and electronic effects.