Used primarily in organic synthesis, this compound serves as an intermediate in the production of pharmaceuticals and agrochemicals. Its structure, featuring a cyano group and a carbamate moiety, makes it valuable for constructing more complex molecules. It is often employed in the development of active pharmaceutical ingredients (APIs) due to its ability to introduce specific functional groups into target molecules. Additionally, it can be utilized in research settings for studying reaction mechanisms or as a building block in the synthesis of heterocyclic compounds. Its stability and reactivity make it a versatile reagent in medicinal chemistry and drug discovery processes.