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 azetidine and ester functional groups, makes it valuable for constructing bioactive compounds, especially those targeting neurological or cardiovascular diseases. The tert-butyl group provides stability, while the benzylamino moiety enhances its reactivity in various chemical transformations. It is often employed in the synthesis of peptidomimetics and small molecule inhibitors, contributing to drug discovery efforts. Additionally, its versatility allows for modifications to optimize pharmacokinetic properties in potential therapeutic agents.