This compound is widely used in organic synthesis, particularly in the preparation of complex molecules and pharmaceuticals. It serves as a key intermediate in the development of various drugs, including those targeting neurological disorders and cancer. The Boc (tert-butoxycarbonyl) protecting group allows for selective reactions at other functional sites, making it valuable in peptide synthesis and the creation of amino acid derivatives. Its hydrochloride form enhances stability and solubility, facilitating its use in laboratory settings. Additionally, it plays a role in the production of chiral compounds, which are essential in the synthesis of enantiomerically pure substances for medicinal chemistry.