Used primarily as an intermediate in organic synthesis, especially in the preparation of heterocyclic compounds and pharmaceuticals. It serves as a building block for nitrogen-containing molecules due to its amine and iodide functional groups, enabling alkylation and nucleophilic substitution reactions. Commonly employed in the synthesis of beta-amino alcohols and aziridines. Also utilized in the development of bioactive compounds, including potential drug candidates and agrochemicals. Its reactivity makes it valuable in research settings for constructing complex molecular frameworks.