Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of bioactive molecules targeting central nervous system disorders. Its rigid azetidine core with defined stereochemistry makes it valuable for constructing peptidomimetics and enzyme inhibitors. The ester groups allow for further functionalization, enabling incorporation into larger molecular frameworks. Commonly employed in medicinal chemistry research for structure-activity relationship studies due to its ability to influence potency, selectivity, and metabolic stability in drug candidates.