Used as an intermediate in pharmaceutical synthesis, particularly in the development of bioactive molecules and drug candidates. Its structure supports the construction of complex organic compounds, especially in medicinal chemistry where azetidine rings are present in certain enzyme inhibitors and receptor modulators. The iodine substituent allows for further functionalization through cross-coupling reactions, making it valuable in structure-activity relationship (SAR) studies. Commonly employed in research settings for the preparation of small-molecule therapeutics.