This compound is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the development of pharmaceuticals, particularly in the synthesis of complex molecules with potential therapeutic properties. The tert-butyl group provides steric protection, while the acetyl and carboxylate functionalities allow for further chemical modifications, making it valuable in constructing piperidine-based structures. These structures are commonly found in bioactive compounds, including drugs targeting the central nervous system, anti-inflammatory agents, and other medicinal applications. Its role in facilitating the creation of diverse chemical entities underscores its importance in drug discovery and medicinal chemistry research.