This compound is primarily utilized in the synthesis of peptides and pharmaceutical intermediates. It serves as a key building block in the production of complex molecules, particularly in the development of drugs targeting neurological and metabolic disorders. Its structure, featuring a hydroxyl group and a benzyloxycarbonyl-protected amine, makes it valuable for selective modifications and controlled reactions in organic synthesis. Additionally, it is employed in research settings to study enzyme interactions and receptor binding due to its chiral nature and functional groups, which mimic natural amino acids. Its application extends to the development of bioactive compounds with potential therapeutic effects.