This compound is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceuticals and bioactive molecules. It serves as a key intermediate in the preparation of complex organic compounds, especially those involving azetidine rings, which are valuable in drug discovery. The tert-butoxycarbonyl (Boc) protecting group ensures selective reactivity during synthetic processes, making it useful for constructing peptides and other nitrogen-containing structures. Its application is also seen in the synthesis of potential therapeutic agents targeting neurological disorders and other medical conditions.