This compound is primarily utilized in organic synthesis as a versatile intermediate. It plays a significant role in the development of pharmaceuticals, particularly in the synthesis of complex molecules that require cyclobutane rings. Its structure, featuring both an amino group and an ester moiety, allows for further functionalization, making it valuable in constructing bioactive compounds. Additionally, it is employed in research settings to explore novel chemical reactions and pathways, contributing to advancements in medicinal chemistry and drug discovery.