Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of biologically active molecules containing oxazole rings. Its protected amine group allows for selective reactions in multi-step organic syntheses, making it valuable in medicinal chemistry for building complex drug candidates. Commonly employed in the preparation of peptidomimetics and kinase inhibitors due to the stability and reactivity of the oxazole core. Also utilized in combinatorial chemistry for high-throughput screening libraries.