Ethyl 2-((furan-2-ylmethyl)amino)-2-oxoacetate finds its application primarily in the field of organic synthesis. It is utilized as a key intermediate in the production of various heterocyclic compounds, which are important in pharmaceutical research and development. The compound is particularly valuable in the synthesis of furan derivatives, which exhibit a wide range of biological activities, including antimicrobial, antifungal, and anti-inflammatory properties. Additionally, it is employed in the preparation of peptidomimetics, which are compounds that mimic the structure and function of peptides, making them useful in drug design and discovery. Its role in facilitating the creation of complex molecular structures makes it a significant reagent in medicinal chemistry and material science.