This compound is primarily used in the synthesis of pharmaceutical intermediates, particularly in the development of chiral drugs. Its structure, featuring a Boc-protected amino group and a hydroxyphenyl moiety, makes it a valuable building block in medicinal chemistry. It is often employed in the preparation of peptidomimetics and other bioactive molecules, where the chiral center and functional groups play a critical role in biological activity. Additionally, it serves as a precursor in the production of compounds targeting neurological and inflammatory disorders, leveraging its ability to interact with specific biological receptors. Its application is also seen in asymmetric synthesis, where it aids in creating enantiomerically pure substances for advanced drug development.