This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various biologically active compounds. Its structure is particularly valuable in the development of small molecule drugs targeting specific enzymes or receptors. It is often incorporated into the design of inhibitors or modulators for therapeutic applications, such as treating neurological disorders or inflammatory conditions. Additionally, its tert-butyl ester group enhances stability during synthetic processes, making it a practical choice for multi-step organic synthesis. Researchers also explore its potential in creating novel drug candidates with improved pharmacokinetic properties.