This chemical is primarily used in the synthesis of complex organic molecules, particularly in pharmaceutical research and development. It serves as a key intermediate in the production of various biologically active compounds, including potential drug candidates. Its structure, featuring a cyclobutyl ring and a carbamate group, makes it valuable for constructing specific molecular frameworks required in medicinal chemistry. Additionally, it is utilized in the development of enzyme inhibitors and receptor modulators, contributing to the study of biochemical pathways and therapeutic targets. Its stability and reactivity also make it suitable for use in peptide synthesis and other fine chemical applications.