Used as an intermediate in the synthesis of biologically active compounds, particularly in pharmaceuticals. Its structure supports the development of chiral building blocks for drug design. Commonly employed in the preparation of protease inhibitors and antiviral agents. The hydroxyl and carbamate functional groups allow for selective modifications, making it valuable in medicinal chemistry for creating analogs with improved pharmacokinetic properties. Also utilized in the development of prodrugs due to its stability and ability to be metabolized under physiological conditions.