This compound is widely utilized in the synthesis of various pharmaceutical agents, particularly in the development of protease inhibitors. Its structural properties make it a valuable intermediate in the production of drugs targeting viral infections, including HIV and hepatitis C. The presence of the Cbz-protected amino group and the hydroxymethyl functionality allows for further chemical modifications, enabling the creation of complex molecules with specific biological activities. Additionally, it is employed in peptide chemistry to construct chiral building blocks, enhancing the stereochemical control in the synthesis of bioactive peptides. Its role in medicinal chemistry highlights its importance in the design and optimization of therapeutic compounds.