Used as a key intermediate in organic synthesis, particularly in the preparation of nitrogen-containing heterocyclic compounds. Its isocyano group participates in multicomponent reactions, such as the Ugi reaction, enabling efficient construction of complex molecules for pharmaceutical and agrochemical research. The compound’s reactivity allows for the formation of peptidomimetics and functionalized amino acid derivatives, making it valuable in drug discovery. Additionally, it serves in click chemistry approaches and library synthesis for high-throughput screening.