This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly in the development of chiral drugs. Its structure, featuring a naphthalene ring and a tert-butoxycarbonyl (Boc) protecting group, makes it valuable for creating enantiomerically pure intermediates. It is often employed in peptide synthesis and the preparation of biologically active molecules, where the Boc group can be selectively removed under mild conditions. Additionally, its chiral center allows for the production of optically active compounds, which are essential in designing drugs with specific therapeutic effects. This compound is also utilized in research for studying enzyme interactions and developing inhibitors for various biological targets.