This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of chiral molecules, particularly in the development of active pharmaceutical ingredients (APIs). Its structure, featuring a cyano group and a carbamate moiety, makes it valuable for constructing complex organic frameworks with high stereochemical control. It is often employed in the preparation of enantiomerically pure compounds, which are crucial in the production of drugs targeting specific biological pathways, such as enzyme inhibitors or receptor modulators. Additionally, its stability and reactivity under various conditions make it suitable for use in multi-step synthetic processes, contributing to the efficient and scalable production of therapeutic agents.