This compound is primarily utilized in organic synthesis as an intermediate in the development of pharmaceuticals. Its structure, featuring both an azetidine ring and a tert-butyl carboxylate group, makes it a valuable building block for constructing more complex molecules, particularly in drug discovery. The presence of the 4-aminophenyl group allows for further functionalization, enabling the creation of compounds with potential biological activity. It is often employed in the synthesis of small molecule inhibitors, receptor antagonists, and other therapeutic agents targeting various diseases. Additionally, its stability and reactivity make it suitable for use in combinatorial chemistry and high-throughput screening processes.