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, making it valuable in medicinal chemistry. The ester functionality can be easily hydrolyzed to yield carboxylic acid derivatives, enabling further structural modifications. Commonly employed in the preparation of peptide-like structures and heterocyclic compounds targeting cancer and inflammatory diseases.