This compound is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of bioactive molecules. Its structure, featuring both amino and hydroxy groups, makes it a valuable intermediate in the creation of complex organic compounds, such as potential drug candidates targeting neurological disorders. The presence of the tert-butyl group enhances its stability, allowing it to be used in reactions requiring harsh conditions. Additionally, it serves as a chiral building block in asymmetric synthesis, contributing to the production of enantiomerically pure substances, which are critical in the development of therapeutics with high specificity and reduced side effects. Its application extends to medicinal chemistry, where it aids in the design and optimization of compounds with improved pharmacokinetic properties.