This compound is primarily used in the synthesis of pharmaceuticals, particularly in the development of chiral drugs. Its structure, featuring a tert-butoxycarbonyl (Boc) protecting group and a methoxyphenyl moiety, makes it a valuable intermediate in organic synthesis. It is often employed in peptide chemistry to construct specific amino acid derivatives, which are crucial for creating bioactive molecules. Additionally, its chiral nature allows for the production of enantiomerically pure compounds, which is essential in drug design to ensure efficacy and reduce side effects. The compound is also utilized in research settings for studying enzyme interactions and receptor binding, contributing to the development of targeted therapies.