This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure, featuring a trifluoromethylphenoxy group and an azetidine ring, makes it a valuable intermediate for designing molecules with potential therapeutic properties. It is often explored in the development of central nervous system (CNS) drugs, as the azetidine moiety can enhance blood-brain barrier penetration. Additionally, the trifluoromethyl group contributes to metabolic stability and binding affinity, making it useful in optimizing pharmacokinetic properties. Researchers also investigate its role in creating anti-inflammatory, analgesic, or antimicrobial agents, leveraging its unique chemical framework to target specific biological pathways.