This chemical is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of peptide-based drugs, where its structure aids in the protection and selective deprotection of amino groups during peptide coupling reactions. Additionally, it is employed in the development of chiral compounds, leveraging its stereochemistry to achieve high enantiomeric purity in final products. Its application extends to research and development of bioactive molecules, where it contributes to the creation of compounds with potential therapeutic effects.