This chemical is primarily used in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of complex organic compounds, particularly in the production of active pharmaceutical ingredients (APIs). Its structure, featuring a benzyloxy group and a tert-butoxycarbonyl (Boc) protecting group, makes it valuable for constructing peptide-based drugs or small molecules targeting specific biological pathways. Researchers often utilize it in the preparation of compounds with potential therapeutic applications, such as enzyme inhibitors or receptor modulators. Additionally, its chiral center allows for the development of enantiomerically pure substances, which is critical in drug design to ensure efficacy and reduce side effects.