This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex molecules. It is particularly valuable in pharmaceutical research, where it serves as a building block for the synthesis of compounds with potential biological activity. The presence of the bromine atom allows for further functionalization through various coupling reactions, such as Suzuki or Buchwald-Hartwig reactions, enabling the creation of diverse chemical structures. Additionally, the tert-butyloxycarbonyl (Boc) protecting group can be selectively removed under mild acidic conditions, providing a versatile tool for stepwise synthesis in drug discovery and medicinal chemistry.