This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various bioactive molecules, particularly in the synthesis of piperidine derivatives, which are crucial in drug discovery. Its structure, featuring both amino and hydroxyl groups, makes it valuable for designing compounds with potential therapeutic applications, such as central nervous system (CNS) drugs or enzyme inhibitors. Additionally, its tert-butyl and carboxylate groups enhance its stability and reactivity, facilitating its use in complex chemical transformations. Researchers often employ it in the preparation of novel compounds for biological testing and optimization in medicinal chemistry.