This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the development of peptide-based drugs, where its structure allows for the incorporation of piperidine and tert-butoxycarbonyl (Boc) protecting groups. These features are crucial for constructing specific peptide sequences with controlled stereochemistry. Additionally, it is employed in medicinal chemistry research for designing and optimizing bioactive compounds, especially those targeting neurological and cardiovascular disorders. Its versatility also extends to the production of custom amino acid derivatives, which are essential in studying protein interactions and enzyme mechanisms.