This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the development of more complex molecules. Its unique structure, featuring both a benzhydryl group and an iodomethyl substituent on an azetidine ring, makes it particularly valuable in the construction of nitrogen-containing heterocycles. These heterocycles are often key components in the synthesis of pharmaceuticals, agrochemicals, and other biologically active compounds. Additionally, the iodine atom in the molecule can be leveraged in various coupling reactions, such as Suzuki or Sonogashira reactions, to introduce additional functional groups or extend the molecular framework. Its application is also seen in medicinal chemistry research, where it is used to design and optimize drug candidates targeting specific biological pathways.