This chemical is primarily used in the field of organic synthesis, particularly in the development of pharmaceuticals. It serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs). Its structure, featuring a tert-butoxycarbonyl (Boc) protecting group, makes it valuable in peptide synthesis, where the Boc group is used to protect amines during the construction of complex peptide chains. Additionally, it is employed in the preparation of small molecule drugs, where its benzoic acid moiety can be further modified to create biologically active compounds. Its role in medicinal chemistry is significant, as it aids in the efficient and selective synthesis of target molecules with potential therapeutic applications.