Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) where protection of amine groups is required. Its structure allows selective reaction at specific sites during multi-step syntheses, making it valuable in creating complex drug molecules. Commonly employed in the production of analgesics and anti-inflammatory agents. Also utilized in research settings for the preparation of novel compounds in medicinal chemistry due to its stability and ease of deprotection under mild conditions.