This chemical is primarily utilized in organic synthesis, particularly in the pharmaceutical and biotech industries. It serves as a key intermediate in the preparation of various biologically active compounds, including indole derivatives, which are known for their therapeutic potential. The tert-butoxycarbonyl (Boc) protecting group in the molecule allows for selective reactions, making it valuable in peptide synthesis and drug development processes. Its application extends to the creation of complex molecules used in research for treating neurological disorders, cancer, and other diseases. Additionally, it is employed in the development of novel compounds for studying biochemical pathways and drug-target interactions.