Primarily used in organic synthesis, this compound serves as an intermediate in the production of pharmaceuticals, particularly in the development of drugs targeting the central nervous system. Its structure is valuable for constructing complex molecules due to the presence of both amino and carbamate groups, which can be selectively modified. It is also employed in the synthesis of bioactive compounds, including potential anticancer agents, by facilitating the introduction of specific functional groups. Additionally, its stability and reactivity make it suitable for use in peptide coupling reactions, aiding in the creation of peptide-based therapeutics.