Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of antiviral and antibacterial agents. Its strained cyclobutyl structure enhances binding selectivity in bioactive molecules. Commonly employed in the preparation of β-amino alcohols, which are structural motifs in several central nervous system (CNS) drugs. Also utilized in the manufacture of agrochemicals for improving metabolic stability in active ingredients. Its amino alcohol functionality allows for easy derivatization in combinatorial chemistry and drug discovery research.