This compound is primarily used in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the preparation of more complex molecules, particularly in the development of peptide-based drugs. The tert-butoxycarbonyl (Boc) group acts as a protective group for amines, ensuring selective reactions during synthesis. Its structure, featuring a phenyl group, makes it suitable for designing compounds with specific binding properties, often utilized in drug discovery targeting receptors or enzymes. Additionally, it may be employed in the study of protease inhibitors or as a building block for bioactive molecules in medicinal chemistry.