Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the preparation of piperidine-based compounds, which are often explored for their potential therapeutic applications. The presence of both Cbz and Boc protecting groups allows for selective deprotection, enabling precise control over the chemical transformations during the synthesis process. This makes it a versatile building block in the creation of complex drug candidates, especially those targeting neurological disorders and other medical conditions.