This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the development of more complex chemical structures. Its oxadiazole ring is particularly valuable in medicinal chemistry, as it is often incorporated into molecules designed to exhibit biological activity, such as antimicrobial, antiviral, or anti-inflammatory properties. Additionally, the tert-butyl group enhances the compound's stability, making it suitable for use in various chemical reactions, including those requiring harsh conditions. Researchers also employ this compound in the synthesis of heterocyclic compounds, which are essential in the creation of pharmaceuticals and agrochemicals. Its ester functional group further allows for modifications, enabling the production of derivatives with tailored properties for specific applications.