This compound is primarily used in the pharmaceutical industry as an intermediate in the synthesis of various biologically active molecules. It plays a crucial role in the development of peptide-based drugs, particularly in the construction of peptide chains where it acts as a building block. Its structure, featuring a protected amino group and a carboxylate ester, makes it valuable for controlled reactions in organic synthesis. Additionally, it is employed in the preparation of chiral compounds, aiding in the production of enantiomerically pure substances, which are essential for drug efficacy and safety. Its application extends to research and development of new therapeutic agents, especially in the field of medicinal chemistry.