This compound is widely used in organic synthesis, particularly in peptide chemistry, where it serves as a building block for the preparation of more complex molecules. It is often employed in the protection of amino groups during peptide synthesis, as the Boc (tert-butoxycarbonyl) group provides stability under various reaction conditions. Additionally, it is utilized in the development of pharmaceutical intermediates, where its ester functionality allows for further chemical modifications. Its application extends to the production of bioactive compounds and drug candidates, making it a valuable reagent in medicinal chemistry research.