Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of biologically active compounds targeting central nervous system disorders. Its strained azetidine ring enhances binding affinity in medicinal chemistry, making it valuable for constructing novel drug candidates. Also employed in agrochemical research for designing new active ingredients with improved stability and efficacy. Commonly utilized in organic synthesis to introduce the azetidine moiety through nucleophilic substitution or cross-coupling reactions.