This compound is primarily used in the pharmaceutical and chemical synthesis industries as a key intermediate in the production of more complex molecules. It plays a significant role in the synthesis of active pharmaceutical ingredients (APIs), particularly in the development of drugs targeting neurological and cardiovascular diseases. Its structure, featuring a tert-butoxycarbonyl (Boc) protecting group, makes it valuable in peptide synthesis, where it helps in the controlled assembly of amino acids. Additionally, it is utilized in research settings for the development of novel therapeutic agents and in the study of enzyme inhibitors. Its versatility and stability make it a crucial component in organic synthesis and drug discovery processes.