This chemical is primarily utilized in the field of organic synthesis, particularly in the production of complex molecules and pharmaceuticals. It serves as a key intermediate in the synthesis of biologically active compounds, including peptide-based drugs. Its structure, featuring both benzyl and tert-butyl protecting groups, makes it valuable for selective deprotection strategies during multi-step synthetic processes. This allows for precise control over the assembly of target molecules, especially in the development of therapeutic agents. Additionally, its chiral center (S-configuration) is crucial for synthesizing enantiomerically pure compounds, which are often required in drug development to ensure efficacy and reduce side effects.