This chemical is primarily utilized in organic synthesis as a building block for the preparation of more complex molecules. It is often employed in the development of pharmaceutical compounds, particularly in the synthesis of hydrazide derivatives, which can serve as intermediates for drugs targeting various therapeutic areas. Additionally, it is used in peptide chemistry for the protection of hydrazine groups during multi-step synthetic processes, ensuring selective reactions and stability. Its tert-butoxycarbonyl (Boc) protecting group is easily removable under mild acidic conditions, making it a versatile reagent in medicinal chemistry and drug discovery research.