This compound is primarily utilized in organic synthesis and pharmaceutical research as a building block for the development of more complex molecules. Its structure, featuring an azetidine ring and a trifluoroacetate group, makes it valuable in the creation of biologically active compounds, particularly those targeting neurological disorders or acting as enzyme inhibitors. The trifluoroacetate moiety enhances its reactivity, facilitating its use in peptide coupling reactions and other chemical transformations. Additionally, it serves as an intermediate in the synthesis of drugs with potential applications in treating conditions like hypertension, anxiety, or pain management. Its versatility in medicinal chemistry underscores its importance in drug discovery and development.