This compound is primarily utilized in the synthesis of peptides and pharmaceutical intermediates. It serves as a key building block in the preparation of complex molecules, particularly in the development of drugs targeting specific biological pathways. Its structure, featuring a naphthalene group and a protected amino acid, makes it valuable for creating compounds with enhanced binding affinity and selectivity. It is often employed in medicinal chemistry research for designing inhibitors or modulators of enzymes and receptors. Additionally, its tert-butoxycarbonyl (Boc) protecting group allows for controlled deprotection during multi-step synthetic processes, ensuring precise chemical transformations.