This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs). Its Boc (tert-butoxycarbonyl) protecting group is crucial in peptide synthesis, allowing for selective deprotection and modification of specific functional groups during multi-step reactions. Additionally, it is employed in the development of compounds with potential therapeutic applications, such as inhibitors or modulators targeting specific biological pathways. Its stability and reactivity make it a valuable reagent in medicinal chemistry research and drug discovery processes.