Used in organic synthesis as a versatile intermediate for the preparation of various bioactive compounds, particularly in the development of pharmaceuticals. It serves as a key building block in the synthesis of peptides and amino acid derivatives, enabling the creation of complex molecular structures. Its benzyloxycarbonyl (Cbz) protecting group is crucial in peptide chemistry, as it safeguards the amino group during reactions and can be selectively removed when needed. This compound is also employed in the production of chiral molecules, aiding in the study of stereochemistry and the development of enantioselective drugs. Additionally, it finds application in research focused on neurodegenerative diseases, where it helps in designing potential therapeutic agents.