This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of piperidine derivatives. Its structure, featuring both acetylthio and tert-butyl carboxylate groups, makes it valuable for constructing complex chemical frameworks. Additionally, it is employed in the preparation of potential drug candidates, especially in the field of central nervous system (CNS) therapeutics and enzyme inhibitors. Its versatility in chemical reactions, such as nucleophilic substitutions and deprotections, further enhances its utility in medicinal chemistry and material science applications.