Primarily used in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structural features, including the Boc-protected amine and hydroxyl group, make it valuable for constructing complex drug candidates, particularly in the field of peptidomimetics and small molecule inhibitors. It is also employed in the preparation of piperidine derivatives, which are widely utilized in medicinal chemistry for their therapeutic potential. Additionally, it finds application in the design of prodrugs and in the modification of peptides to enhance their stability and bioavailability.