Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. It plays a crucial role in the production of chiral compounds, ensuring high enantiomeric purity in active pharmaceutical ingredients. Additionally, it is employed in peptide synthesis, where its protective group (Boc) helps in the controlled assembly of amino acids. Its furan moiety contributes to the structural diversity of bioactive molecules, making it valuable in medicinal chemistry research.