This chemical is primarily used in organic synthesis as an intermediate for the preparation of more complex molecules. It is particularly valuable in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs) due to its furan ring and protected amino group, which can be further modified. The tert-butoxycarbonyl (Boc) group serves as a protective group for the amine, allowing selective reactions to occur at other sites of the molecule. This compound is also utilized in research settings for the synthesis of heterocyclic compounds, which are important in drug discovery and development. Its structure makes it suitable for creating compounds with potential biological activity, such as antimicrobial or anti-inflammatory agents.