Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of protease inhibitors and other bioactive molecules. Its structure allows for selective modification in drug design, making it valuable in medicinal chemistry research. Also employed in the preparation of peptide mimetics and as a building block in organic synthesis where a protected amine functionality is required. Its benzyl carbamate group acts as a protecting group for amines during multi-step reactions, ensuring stability and selectivity.