This chemical is primarily used in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure, featuring protective groups like tert-butoxycarbonyl (Boc), makes it valuable in peptide and organic synthesis, where it helps in the controlled assembly of complex molecules. It is particularly useful in the development of drugs targeting neurological and cardiovascular disorders, as well as in the creation of protease inhibitors. The compound's stability and reactivity allow for precise modifications during multi-step synthetic processes, ensuring high yields and purity in the final product.