Used primarily in organic synthesis, this compound serves as a protective group for amines during complex chemical reactions. It is particularly valuable in peptide synthesis, where it helps prevent unwanted side reactions by shielding reactive amine groups. Its stability under various conditions makes it a reliable choice for multi-step synthetic processes. Additionally, it finds application in the preparation of pharmaceutical intermediates, contributing to the development of active pharmaceutical ingredients (APIs). Its role in facilitating selective transformations underscores its importance in medicinal chemistry and drug discovery.