Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other biologically active molecules. Its protected amine group allows for selective reactions in multi-step organic syntheses, while the hydroxymethyl functionality provides a site for further modification, such as coupling or derivatization. Commonly employed in medicinal chemistry for building complex heterocyclic systems found in drug candidates. Also utilized in solid-phase peptide synthesis and the preparation of pyridine-based ligands for catalysis.