This chemical is primarily used as an intermediate in the synthesis of more complex organic compounds, particularly in the pharmaceutical industry. It plays a key role in the production of peptides and peptidomimetics, which are essential in drug development. Its structure, featuring both tert-butyl and benzyloxycarbonyl protecting groups, makes it valuable in multi-step organic reactions where selective deprotection is required. Additionally, it is utilized in the preparation of amino acid derivatives, which are crucial for creating bioactive molecules and therapeutic agents. Its application extends to research and development in medicinal chemistry, where it aids in the design and synthesis of novel compounds with potential therapeutic benefits.