This chemical is primarily used in organic synthesis as a building block for the preparation of more complex molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the synthesis of various biologically active compounds, including potential drug candidates. Its aziridine ring structure is valuable for introducing nitrogen-containing functional groups into target molecules, which is crucial for developing compounds with therapeutic properties. Additionally, it is employed in asymmetric synthesis to create chiral molecules, which are essential for producing enantiomerically pure drugs. Its stability and reactivity make it a versatile reagent in medicinal chemistry and drug discovery processes.