This compound is primarily utilized in the field of organic synthesis, particularly in the preparation of peptides and peptidomimetics. It serves as a key intermediate in the synthesis of complex molecules, enabling the introduction of specific functional groups or chiral centers. Its structure is advantageous in protecting amine groups during multi-step synthetic processes, ensuring selectivity and control over reactions. Additionally, it finds application in medicinal chemistry for the development of pharmaceutical agents, where its chiral nature is exploited to produce enantiomerically pure compounds with desired biological activity. Its role in facilitating the synthesis of bioactive molecules makes it valuable in drug discovery and development.