This compound is primarily utilized in the synthesis of chiral intermediates for pharmaceutical applications. It serves as a key building block in the production of enantiomerically pure drugs, particularly those targeting neurological and cardiovascular disorders. Its structure is advantageous in asymmetric synthesis, enabling the creation of complex molecules with high stereochemical control. Additionally, it is employed in research and development for designing novel therapeutic agents, leveraging its nitro and carbamate functional groups for further chemical modifications. Its stability and reactivity make it a valuable reagent in organic synthesis and medicinal chemistry.