Used primarily in organic synthesis, this chemical serves as a key intermediate in the preparation of various biologically active compounds. It is particularly valuable in the pharmaceutical industry for the development of nucleoside analogs, which are crucial in antiviral and anticancer drug research. The tert-butoxycarbonyl (Boc) protecting groups enhance stability during synthetic processes, while the iodine atom allows for further functionalization through cross-coupling reactions, such as Suzuki or Sonogashira reactions. Its role in constructing complex molecular architectures makes it essential for advancing medicinal chemistry and drug discovery.