This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure, featuring an azetidine ring, is particularly valuable in the development of compounds targeting central nervous system disorders. Researchers leverage its unique chemical properties to create derivatives that exhibit potential therapeutic effects, such as anticonvulsant or neuroprotective activities. Additionally, it serves as a building block in the design of novel drugs aimed at modulating specific biological pathways, including those involved in inflammation and pain management. Its versatility and reactivity make it a critical component in the exploration of new drug candidates.