This compound is primarily used in the synthesis of peptides and pharmaceuticals, particularly as a chiral building block. Its structure, featuring both a Boc-protected amine and a hydroxyl group, makes it valuable for creating complex molecules with specific stereochemistry. It is often employed in the development of protease inhibitors, which are crucial in treating diseases like HIV and hepatitis C. Additionally, it serves as an intermediate in the production of bioactive compounds, including those with anti-inflammatory or antiviral properties. Its application extends to research in organic chemistry, where it aids in studying stereoselective reactions and drug design.