This chemical is primarily used in organic synthesis as a reagent for activating carboxylic acids. It facilitates the formation of amides, esters, and other derivatives by enhancing the reactivity of carboxylic acids in coupling reactions. Its application is particularly valuable in peptide synthesis, where it helps in forming peptide bonds efficiently. Additionally, it is employed in the preparation of pharmaceutical intermediates, enabling the production of complex molecules with high precision. The compound's stability and reactivity make it a useful tool in research and industrial settings for developing new chemical entities and optimizing synthetic pathways.