Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of biologically active compounds targeting central nervous system disorders. Its azetidine core provides structural rigidity, enhancing metabolic stability and binding affinity in drug candidates. Commonly employed in medicinal chemistry for constructing novel small molecules with potential antipsychotic, antidepressant, or cognitive-enhancing effects. Also utilized in the preparation of kinase inhibitors and other enzyme modulators due to its favorable reactivity and solubility profile when functionalized.