This chemical is primarily utilized in organic synthesis as a versatile intermediate for the preparation of more complex molecules. Its structure, featuring both a carbamate group and a ketone functionality, makes it valuable in the development of pharmaceuticals, particularly in the synthesis of bioactive compounds and drug candidates. It is often employed in peptide chemistry for the protection of amino groups during multi-step reactions. Additionally, its cycloheptyl ring system can serve as a scaffold for designing molecules with specific biological activities, such as enzyme inhibitors or receptor modulators. Its stability and reactivity under various conditions make it a useful building block in medicinal chemistry and material science research.