Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents and receptor modulators. Its structure supports the design of bioactive molecules due to the azetidine ring’s metabolic stability and the fluorophenoxy group’s influence on binding affinity. Commonly employed in medicinal chemistry for optimizing drug candidates targeting neurological disorders and inflammatory conditions. Also utilized in the preparation of selective enzyme inhibitors and receptor antagonists in research settings.