Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of biologically active molecules containing oxazole rings. It serves as a protected carbamate derivative, enabling selective reactions in multi-step organic syntheses. Commonly employed in medicinal chemistry for constructing protease inhibitors and kinase inhibitors due to the stability and ease of deprotection under mild conditions. Also utilized in agrochemical research for building blocks in the design of novel pesticides and herbicides.