This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly in the development of peptide-based drugs. It serves as an intermediate in the production of active pharmaceutical ingredients (APIs) that target specific receptors or enzymes in the body. Its structure, featuring a tert-butoxycarbonyl (Boc) protecting group and an iodophenyl moiety, makes it valuable for constructing complex molecules with precise stereochemistry. Additionally, the iodine atom in its structure allows for further functionalization through cross-coupling reactions, which are essential in medicinal chemistry for creating diverse drug candidates. Its application is particularly relevant in research focused on neurological and metabolic disorders.