Used primarily as an intermediate in organic synthesis, this compound serves in the development of pharmaceuticals and biologically active molecules. Its strained cyclobutane ring and amine functionality make it valuable for constructing complex nitrogen-containing structures. It is employed in medicinal chemistry for building blocks in drug discovery, particularly in the design of novel central nervous system agents and enzyme inhibitors. The hydrochloride salt form enhances stability and solubility, facilitating handling and use in aqueous or polar reaction systems.