This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the field of medicinal chemistry. It serves as a key intermediate in the production of pharmaceutical agents, especially those targeting neurological and cardiovascular disorders. Its structure, featuring both a hydroxymethyl group and a protected amine, makes it valuable for constructing peptide-like frameworks and other biologically active compounds. Additionally, it is employed in the development of protease inhibitors and other enzyme-targeting drugs, leveraging its ability to mimic natural substrates. The tert-butyl and benzyloxycarbonyl groups provide stability and selective reactivity, facilitating controlled chemical transformations in multi-step synthetic routes.