This compound is primarily used in organic synthesis as a key intermediate for the preparation of various pharmaceuticals and bioactive molecules. Its tert-butoxycarbonyl (Boc) protecting group makes it particularly valuable in peptide synthesis, where it helps in the selective protection of amine groups during multi-step reactions. The presence of both carboxylic acid and ketone functional groups allows for further functionalization, enabling the creation of complex structures. It is often employed in the development of drug candidates, especially those targeting neurological and inflammatory disorders, due to its ability to serve as a precursor for piperidine-based compounds, which are common in medicinal chemistry. Additionally, its stability and reactivity make it suitable for use in combinatorial chemistry and high-throughput screening processes.