This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various bioactive molecules. Its structure, featuring both amino and hydroxyl groups, makes it a versatile building block for developing drugs, particularly those targeting neurological and cardiovascular disorders. It is often employed in the preparation of pyrrolidine-based compounds, which are known for their therapeutic potential in treating conditions like hypertension, depression, and cognitive impairments. Additionally, its tert-butyl carboxylate group provides stability and ease of modification during chemical reactions, making it valuable in medicinal chemistry research and drug discovery processes.