This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex molecules, particularly in pharmaceutical research. Its structure, featuring both a bromophenyl group and a hydroxylated azetidine ring, makes it a valuable building block for constructing biologically active compounds. It is often employed in the synthesis of potential drug candidates targeting neurological disorders, due to the azetidine moiety's ability to interact with specific receptors in the brain. Additionally, the presence of the bromine atom allows for further functionalization through cross-coupling reactions, enabling the creation of diverse chemical libraries for drug discovery. Its tert-butyl ester group also provides stability during synthetic processes, making it a practical choice for multi-step reactions.