This chemical is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the preparation of complex molecules, particularly in the pharmaceutical industry, where it serves as a building block for the development of active pharmaceutical ingredients (APIs). Its structure, featuring both a formyl group and a carbamate moiety, makes it valuable for constructing nitrogen-containing heterocycles and other biologically relevant compounds. Additionally, it is used in peptide synthesis and as a protective group for amines, enabling selective reactions in multi-step synthetic processes. Its stability and reactivity make it a useful reagent in medicinal chemistry and drug discovery research.