This compound is primarily used in organic synthesis as an intermediate in the production of pharmaceuticals and bioactive molecules. Its structure, featuring a tert-butoxycarbonyl (Boc) protecting group, makes it valuable in peptide synthesis, where it helps protect amino groups during chemical reactions. Additionally, it is utilized in the development of inhibitors and receptor modulators, particularly in medicinal chemistry research targeting specific enzymes or proteins. Its phenylacetic acid moiety further enhances its role in designing compounds with potential therapeutic applications.