This chemical is primarily used in organic synthesis as an intermediate in the production of more complex molecules. It plays a role in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic applications. Its structure allows it to act as a protective group for amines during chemical reactions, ensuring selective modification of other functional groups in the molecule. Additionally, it is utilized in research settings for studying reaction mechanisms and developing new synthetic pathways. Its methoxy and carbamate groups make it a versatile building block in medicinal chemistry and drug discovery processes.