This compound is primarily utilized in the field of organic synthesis, particularly in the development of peptide-based molecules. It serves as a key intermediate in the preparation of modified peptides, where its functional groups allow for selective coupling reactions. The tert-butoxycarbonyl (Boc) protecting group ensures stability during synthesis, preventing unwanted side reactions. Additionally, it finds application in the creation of bioactive compounds, including potential drug candidates, due to its ability to introduce specific structural motifs. Its acrylate moiety also makes it suitable for use in polymer chemistry, where it can participate in polymerization processes to create specialized materials.