This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring a chlorobenzyl group and an azetidine ring, makes it a valuable building block for developing potential drug candidates. Researchers often employ it in the design and optimization of compounds targeting specific receptors or enzymes, particularly in the development of central nervous system (CNS) drugs. Its unique chemical framework allows for modifications that can enhance binding affinity and selectivity, making it a versatile tool in drug discovery efforts. Additionally, it may be explored in the creation of novel agrochemicals or other specialty chemicals where such structural motifs are advantageous.