This chemical is primarily utilized in the synthesis of peptides and other organic compounds, serving as a key intermediate in the production of complex molecules. Its tert-butoxycarbonyl (Boc) protecting group is particularly valuable in peptide chemistry, as it safeguards the amino group during reactions, allowing for selective modifications. Additionally, the ethoxypropanoic acid moiety provides versatility in creating ester or amide linkages, making it useful in drug development and biochemical research. Its application is especially significant in the production of pharmaceuticals, where precise control over molecular structure is critical.