This compound is primarily utilized in organic synthesis as a chiral intermediate. Its structure, featuring a bromophenyl group and a hydroxyl group, makes it valuable in the preparation of pharmaceuticals, particularly in the development of enantiomerically pure drugs. The tert-butyl carbamate moiety serves as a protective group for amines, allowing selective reactions to occur at other functional sites. Its application is significant in the synthesis of complex molecules, including those used in neurological and cardiovascular therapies. Additionally, the bromine atom provides a reactive site for further functionalization through cross-coupling reactions, such as Suzuki or Heck reactions, enabling the construction of diverse chemical architectures.