This compound is primarily utilized in the synthesis of pharmaceuticals and organic intermediates. It serves as a key building block in the development of active pharmaceutical ingredients (APIs), particularly in the production of drugs targeting specific biological pathways. Its structure, featuring both methoxy and carbamate functional groups, makes it valuable for creating compounds with enhanced bioavailability and stability. Additionally, it is employed in research settings for studying chemical reactions and developing novel therapeutic agents, especially in the fields of oncology and neurology. Its role in organic synthesis also extends to the preparation of specialty chemicals used in various industrial applications.