This chemical is primarily utilized in organic synthesis as an intermediate for the preparation of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic properties. Its structure, featuring both a carbamate and a phenyl group, makes it a versatile building block for creating molecules with specific biological activities. Additionally, it can be used in peptide chemistry for protecting amine groups during synthetic processes, ensuring selective reactions. Its application extends to research and development in medicinal chemistry, where it aids in the discovery of new drug candidates.