Used as a key intermediate in pharmaceutical synthesis, particularly in the development of biologically active compounds. Its trifluoromethyl and tertiary alcohol groups on the strained oxetane ring enhance metabolic stability, lipophilicity, and blood-brain barrier permeability, making it valuable in drug design for improving pharmacokinetic properties. Commonly incorporated into molecules targeting central nervous system disorders and antiviral agents. Also employed in agrochemicals to increase compound stability and efficacy. Additionally, utilized in organic chemistry research for creating novel derivatives with specialized properties, such as in electronic materials or environmentally resistant coatings.