Used as a key intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and bioactive compounds. It serves as a protecting group for amines, enabling selective reactions in multi-step synthesis. Widely applied in peptide chemistry to create complex structures by safeguarding the amino group during reactions. Also employed in the development of drug candidates, where controlled amine reactivity is crucial. Its stability and ease of removal make it valuable in research and industrial processes for producing fine chemicals and therapeutic agents.