This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of peptidomimetics, which are compounds that mimic the structure and function of peptides. These peptidomimetics are often explored for their potential therapeutic applications, including the development of enzyme inhibitors and receptor modulators. The compound’s structure, featuring a carbamate and carbamoyl group, makes it valuable for constructing chiral centers, which are crucial for the biological activity of many drugs. Additionally, it is employed in research settings for the development of new chemical entities targeting various diseases, such as cancer, neurological disorders, and infectious diseases. Its role in facilitating stereoselective synthesis further enhances its importance in medicinal chemistry.