This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex molecules. It is often employed in the pharmaceutical industry for the preparation of active pharmaceutical ingredients (APIs), particularly in the synthesis of compounds with potential therapeutic properties. Its structure, featuring both carbamate and acetamido functional groups, makes it a versatile building block for constructing molecules with specific biological activities. Additionally, it can be used in peptide chemistry for the protection of amine groups during multi-step synthetic processes. Its stability and reactivity under controlled conditions make it a valuable reagent in medicinal chemistry and drug discovery research.