This compound is primarily utilized in organic synthesis as a versatile intermediate, particularly in the preparation of complex molecules. It serves as a key building block in the development of pharmaceutical compounds, especially those targeting neurological and psychiatric disorders. Its structure is often incorporated into the synthesis of piperidine-based drugs, which are known for their therapeutic effects on the central nervous system. Additionally, it is employed in the creation of peptidomimetics, which mimic the structure and function of peptides, aiding in drug discovery and development. The compound’s protective groups, such as Cbz, make it valuable in multi-step synthetic processes, ensuring selective reactivity and stability during transformations.