Used as an intermediate in the synthesis of pharmaceuticals and bioactive compounds, particularly in the development of protease inhibitors and other therapeutic agents. Its aldehyde and carbamate functional groups allow for selective reactions, such as reductive amination or condensation, enabling the construction of complex molecules in medicinal chemistry. Also employed in the preparation of enzyme inhibitors and targeted protein degraders like PROTACs due to its ability to link binding motifs while maintaining favorable solubility and stability properties.