This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of complex molecules, particularly in the synthesis of peptidomimetics and bioactive compounds. Its structure, featuring both a tert-butoxycarbonyl (Boc) protecting group and a carboxylic acid moiety, makes it valuable for constructing azetidine-containing scaffolds, which are increasingly explored for their potential in drug discovery. The Boc group allows for selective deprotection, enabling controlled reactions in multi-step synthesis processes. Additionally, its application extends to the preparation of compounds with potential therapeutic properties, such as enzyme inhibitors or receptor modulators, due to the versatility of the azetidine ring in mimicking peptide bonds and enhancing metabolic stability.