This compound is primarily utilized in the field of organic synthesis and medicinal chemistry as a key intermediate. It is often employed in the development of peptide-based drugs, particularly in the synthesis of complex molecules where specific stereochemistry is required. The presence of the tert-butoxycarbonyl (Boc) protecting group makes it valuable in peptide coupling reactions, allowing for selective deprotection and further functionalization. Additionally, its naphthalene moiety contributes to its potential use in the design of compounds with enhanced binding affinity to biological targets, such as enzymes or receptors. Its applications extend to research focused on creating novel therapeutic agents, especially in areas like cancer treatment, inflammation, and neurological disorders.