This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex chemical structures. Its application is significant in the pharmaceutical industry, where it serves as a building block for the synthesis of various biologically active molecules. The presence of the dibenzylamino and carboxylate groups makes it a versatile reagent in the formation of azepane-based compounds, which are often explored for their potential therapeutic properties. Additionally, it is used in research settings to study and develop new chemical reactions and pathways, particularly those involving nitrogen-containing heterocycles. Its role in medicinal chemistry is notable, as it contributes to the creation of compounds with potential applications in drug discovery and development.