This chemical is primarily used in the synthesis of peptides and pharmaceutical compounds. It serves as a key intermediate in the production of complex molecules, particularly those involving amino acid derivatives. Its structure, featuring both a tert-butoxycarbonyl (Boc) protecting group and a benzyloxy group, makes it valuable in organic synthesis, where selective deprotection and further functionalization are required. It is often employed in the development of drugs targeting neurological and metabolic disorders, as well as in the preparation of bioactive peptides for research purposes. Additionally, its chiral center allows for the creation of enantiomerically pure compounds, which is crucial in the design of therapeutics with high specificity and reduced side effects.