This chemical is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs). Its structure, featuring both a hydroxyl group and a carbamate moiety, makes it valuable for constructing chiral centers and protecting amine groups during multi-step synthetic processes. Additionally, it is employed in the development of peptide-based drugs and other biologically active compounds, where precise stereochemistry is crucial for efficacy. Its application extends to research settings for exploring novel therapeutic agents and optimizing synthetic routes.