Used primarily as a protected amine-containing diester in organic synthesis, especially in peptide and prodrug development. Its acetoxy methyl ester groups enhance cell membrane permeability, making it valuable in designing bioreversible prodrugs that release active compounds intracellularly upon enzymatic hydrolysis. Commonly employed in medicinal chemistry to improve the bioavailability of polar molecules by masking carboxylic acid functionalities. Also utilized in the synthesis of multifunctional linkers for drug delivery systems and in protecting group strategies where controlled deprotection is required under mild conditions.