This compound is primarily utilized in organic synthesis, particularly in the development of pharmaceuticals and bioactive molecules. Its structure, featuring a tert-butoxycarbonyl (Boc) protected azetidine ring, makes it a valuable intermediate in the construction of complex organic compounds. The Boc group provides stability during synthetic processes, allowing for selective reactions at other sites of the molecule. It is often employed in peptide synthesis and the preparation of heterocyclic compounds, which are essential in drug discovery and medicinal chemistry. Additionally, its reactive double bond and carboxylic acid group enable further functionalization, making it a versatile building block for creating molecules with potential therapeutic applications.