This compound is primarily used as an intermediate in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It plays a crucial role in the production of peptide-based drugs and other bioactive compounds. Its structure, featuring both tert-butoxy and tert-butoxycarbonyl protecting groups, makes it valuable in multi-step organic reactions where selective deprotection is required. Additionally, it is utilized in the development of chiral molecules, aiding in the creation of enantiomerically pure substances for therapeutic applications. Its stability and reactivity under controlled conditions make it a preferred choice in medicinal chemistry research and drug development processes.