This compound is primarily used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and bioactive molecules. Its structure, featuring both a tert-butyl ester and a Boc-protected amine, makes it valuable for peptide synthesis and the development of chiral compounds. The iodine atom in the molecule allows for further functionalization through cross-coupling reactions, enabling the creation of complex organic structures. It is often employed in the synthesis of amino acid derivatives and other fine chemicals, where its protective groups ensure selective reactivity during multi-step processes.