This compound is widely used in the synthesis of pharmaceutical intermediates, particularly in the development of chiral drugs. Its structure, featuring both a Boc-protected amine and a hydroxymethyl group, makes it a valuable building block for creating complex molecules with specific stereochemistry. It is often employed in the production of antiviral and anticancer agents, where precise stereochemical control is critical for efficacy. Additionally, it serves as a key intermediate in the synthesis of peptidomimetics and other biologically active compounds, aiding in the exploration of new therapeutic targets. Its hydrochloride form enhances stability and solubility, facilitating its use in various chemical reactions and drug development processes.