This compound is primarily utilized in the synthesis of complex organic molecules, particularly in pharmaceutical research. It serves as a key intermediate in the development of peptide-based drugs, where the tert-butoxycarbonyl (Boc) group acts as a protective group for amines during chemical reactions. Its cyclobutyl structure is valuable in designing molecules with specific conformational properties, enhancing binding affinity to biological targets. Additionally, it is employed in the preparation of bioactive compounds, including enzyme inhibitors and receptor modulators, due to its ability to introduce cyclobutane rings into molecular frameworks. Its application extends to medicinal chemistry, where it aids in the creation of novel therapeutic agents.