This chemical is primarily utilized in organic synthesis, particularly in the development of complex molecules. It serves as a versatile intermediate in the preparation of pharmaceuticals and agrochemicals. Its isocyano and tosyl functional groups make it valuable in constructing heterocyclic compounds, which are often key components in drug discovery. Additionally, it is employed in catalysis research, where it aids in the study of reaction mechanisms and the development of new synthetic pathways. Its unique structure allows for selective transformations, making it a useful tool in the design of bioactive compounds and advanced materials.