This chemical is primarily used in the synthesis of peptides and peptidomimetics, serving as a key intermediate in the production of biologically active compounds. Its structure, featuring both a tert-butoxycarbonyl (Boc) protecting group and a hydroxyl group, makes it valuable in organic synthesis, particularly in the construction of complex molecules. It is often employed in the development of pharmaceuticals, including protease inhibitors and other therapeutic agents targeting specific enzymes or receptors. Additionally, its chiral centers allow for the creation of enantiomerically pure compounds, which is crucial in drug design to ensure efficacy and reduce side effects.