Benzyl (2-phenyloxazol-4-yl)carbamate is used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and bioactive compounds. The oxazole moiety in its structure supports the construction of heterocyclic systems important in medicinal chemistry. It is commonly employed in the preparation of protease inhibitors and other enzyme-targeting agents. Additionally, it is utilized in research settings for the design of novel carbamate-based derivatives with potential antimicrobial or anticancer properties. It serves as a building block in combinatorial chemistry for drug discovery.