This compound is primarily used in the synthesis of pharmaceuticals, particularly in the development of chiral drugs. Its structure, featuring a tert-butoxycarbonyl (Boc) protecting group and a methoxyphenyl moiety, makes it a valuable intermediate in organic synthesis. It is often employed in peptide coupling reactions to create complex molecules with high enantiomeric purity. Additionally, it serves as a building block in the production of biologically active compounds, including enzyme inhibitors and receptor agonists, due to its ability to introduce specific stereochemistry and functional groups into target molecules. Its applications are particularly prominent in medicinal chemistry, where precise control over molecular configuration is essential for drug efficacy and safety.