This chemical is primarily used as an intermediate in organic synthesis, particularly in the pharmaceutical industry. It plays a key role in the preparation of various active pharmaceutical ingredients (APIs) and other complex molecules. Its methanesulfonate group makes it a valuable reagent for introducing functional groups or modifying molecular structures during chemical reactions. Additionally, it is utilized in the development of small molecule drugs, where it contributes to the synthesis of compounds with potential therapeutic applications. Its stability and reactivity make it a useful building block in medicinal chemistry and drug discovery processes.