This compound is primarily utilized in organic synthesis as an intermediate for the preparation of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of biologically active compounds. The tert-butoxycarbonyl (Boc) protecting group in the molecule makes it valuable in peptide synthesis, where it helps safeguard amino groups during the reaction process. Additionally, the tosylate group (4-methylbenzenesulfonate) serves as a good leaving group, facilitating nucleophilic substitution reactions, which are crucial in constructing carbon-carbon or carbon-heteroatom bonds. Its applications extend to the field of medicinal chemistry, where it is used to create potential drug candidates targeting various diseases.