This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of bioactive molecules. Its unique structure, featuring both an amino group and a methoxyphenyl ring, makes it a valuable building block for creating compounds with potential therapeutic applications. It is often employed in medicinal chemistry research to design and optimize drug candidates, especially those targeting neurological and psychiatric disorders. Additionally, its cyclobutane ring provides a rigid framework that can enhance the stability and specificity of the resulting molecules. Researchers also explore its use in the development of novel materials and organic synthesis due to its reactivity and structural features.