This compound is primarily used in organic synthesis, particularly in the preparation of pharmaceuticals and bioactive molecules. It serves as a key intermediate in the synthesis of peptides and peptidomimetics, where the Boc (tert-butoxycarbonyl) group acts as a protective group for amines. The epoxide ring in the structure allows for ring-opening reactions, enabling the formation of new carbon-nitrogen or carbon-oxygen bonds, which is crucial in constructing complex molecular frameworks. Its application is significant in drug discovery and development, especially in creating compounds with potential therapeutic effects.