Used in peptide synthesis as a protecting group for the hydroxyl and amino functionalities of serine, ensuring selective reactions during the assembly of peptide chains. It is particularly valuable in the preparation of complex peptides and glycopeptides, where precise control over functional group reactivity is essential. Additionally, it serves as an intermediate in the production of bioactive compounds and pharmaceutical agents, contributing to the development of drugs targeting various diseases. Its stability under different reaction conditions makes it a reliable choice in organic synthesis and medicinal chemistry research.