This chemical is primarily used in the synthesis of complex organic compounds, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of various bioactive molecules, including those with potential therapeutic applications. Its structure, featuring a hydroxyl group and a tert-butoxycarbonyl-protected amino group, makes it valuable in peptide synthesis and medicinal chemistry. Researchers often utilize it to develop drugs targeting specific enzymes or receptors, especially in the field of neurology and oncology. Additionally, its chiral nature allows for the creation of enantiomerically pure compounds, which are crucial for optimizing drug efficacy and reducing side effects.