Used as a key intermediate in the synthesis of complex organic molecules, particularly in pharmaceuticals and bioactive compounds. Its strained aziridine ring enables ring-opening reactions that facilitate the formation of carbon-nitrogen bonds, useful in constructing nitrogen-containing heterocycles. Commonly employed in medicinal chemistry for developing protease inhibitors and antiviral agents. Also serves as a protecting group strategy in peptide synthesis due to the stability of the triphenylmethyl group under various reaction conditions.