This compound is primarily utilized in the field of medicinal chemistry, particularly in the development of enzyme inhibitors. It serves as a key intermediate in the synthesis of small molecule drugs targeting specific enzymes involved in disease pathways. Its structure, which includes a pyrazole ring and carbamate group, makes it suitable for binding to active sites of enzymes, thereby modulating their activity. Researchers often employ it in the design of potential therapeutics for conditions such as cancer, autoimmune disorders, and infectious diseases. Additionally, its chiral center allows for the exploration of stereospecific interactions, which can enhance the efficacy and selectivity of the resulting drug candidates.