This chemical is primarily used in the synthesis of peptides and pharmaceutical compounds. It serves as a key intermediate in the production of various bioactive molecules, particularly those requiring chiral specificity. Its structure, featuring both a hydroxyl group and a protected amino group, makes it valuable in constructing complex organic molecules. It is often employed in medicinal chemistry research for developing drugs targeting specific enzymes or receptors. Additionally, it plays a role in the preparation of prodrugs, where its functional groups can be modified to enhance drug delivery and efficacy. Its application extends to the field of biochemistry for studying protein interactions and enzyme mechanisms.