Widely used in pharmaceutical research as a key intermediate in the synthesis of chiral compounds, particularly in the development of drugs targeting neurological disorders and cancer. Its structure is valuable for creating peptide-based therapeutics and inhibitors, often utilized in asymmetric synthesis to achieve high enantiomeric purity. Additionally, it serves as a protecting group for amines in organic reactions, ensuring selective transformations in complex molecular frameworks. Its stability and reactivity make it a preferred choice in medicinal chemistry for designing biologically active molecules.