Primarily utilized in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various therapeutic agents. Its structure is particularly valuable in the creation of drugs targeting neurological disorders, as it can be modified to interact with specific receptors in the brain. Additionally, it is employed in the production of chiral compounds, where its stereochemistry is crucial for achieving the desired biological activity. The compound is also explored in the development of anti-inflammatory and analgesic medications, leveraging its cyclohexyl and carbamate functional groups to enhance drug efficacy and stability.