This chemical is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceuticals. It serves as a key intermediate in the synthesis of complex molecules, especially those involving piperazine derivatives. Its structure, featuring both benzyloxycarbonyl and Boc (tert-butoxycarbonyl) protecting groups, makes it highly valuable for constructing peptide-like compounds and other bioactive molecules. Researchers often employ it in the preparation of drug candidates targeting neurological disorders, cancer, and infectious diseases. Its versatility in protecting and deprotecting functional groups allows for precise control during multi-step synthetic processes, ensuring the production of high-purity compounds for therapeutic applications.