This chemical is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a valuable intermediate in the production of chiral compounds, which are essential for developing enantiomerically pure drugs. Its aziridine ring structure makes it a useful building block for creating biologically active molecules, including antibiotics and anticancer agents. Additionally, it is employed in asymmetric synthesis to introduce stereochemistry into target molecules, enhancing their efficacy and specificity. Its application is also seen in research settings for studying reaction mechanisms and developing new synthetic methodologies.