This compound is primarily used as an intermediate in the synthesis of more complex molecules, particularly in the pharmaceutical industry. Its structure, featuring both tert-butoxycarbonyl (Boc) and carboxylate groups, makes it a valuable building block for the preparation of piperidine derivatives, which are common motifs in drug development. It is often employed in the protection of amine groups during multi-step organic synthesis, ensuring selective reactions at other sites of the molecule. Additionally, it serves as a precursor in the production of biologically active compounds, such as enzyme inhibitors or receptor modulators, due to its ability to introduce functionalized piperidine rings into target molecules. Its stability and versatility make it a useful reagent in medicinal chemistry research and drug discovery processes.