Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of bioactive molecules due to the presence of a protected azetidine ring, which is valuable in medicinal chemistry for improving metabolic stability and solubility. Commonly employed in the preparation of drug candidates targeting neurological disorders, including antipsychotics and cognitive enhancers. Also utilized in research settings for scaffold modification in structure-activity relationship (SAR) studies.