This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the production of various biologically active molecules, particularly in the development of peptide-based drugs. Its structure, featuring a benzyloxycarbonyl (Cbz) protecting group, makes it valuable in peptide synthesis, where it helps protect amino groups during the reaction process. Additionally, it is employed in the synthesis of chiral compounds due to its stereocenter, enabling the creation of enantiomerically pure substances. This chemical is also explored in the design of enzyme inhibitors and other therapeutic agents targeting specific biological pathways. Its versatility and functional groups make it a valuable tool in medicinal chemistry and drug discovery.