Used as an intermediate in organic synthesis, particularly in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs). It plays a key role in the preparation of complex molecules, including morpholine derivatives, which are often utilized in drug discovery and medicinal chemistry. Its formyl and carboxylate groups make it a versatile building block for constructing heterocyclic compounds. Additionally, it is employed in the synthesis of biologically active compounds, such as inhibitors and modulators for various therapeutic targets. Its stability and reactivity make it a valuable reagent in multi-step synthetic processes.