This compound is primarily utilized in the synthesis of peptides and peptidomimetics, serving as a key intermediate in organic and medicinal chemistry. Its structure, featuring both a benzyloxycarbonyl protecting group and a methyl ester, makes it valuable for constructing complex molecular frameworks. It is often employed in the preparation of bioactive compounds, particularly in the development of protease inhibitors and other therapeutic agents targeting enzyme activity. Additionally, it is used in research to study stereochemistry and reaction mechanisms due to its chiral center and functional versatility. Its stability and reactivity under mild conditions make it a preferred choice in multi-step synthetic processes.