This chemical is primarily utilized in the synthesis of peptides and other biologically active compounds due to its role as a protected amino acid derivative. It serves as a key intermediate in the production of pharmaceuticals, particularly in the development of drugs targeting neurological disorders and metabolic diseases. Its structure allows for selective modifications, making it valuable in medicinal chemistry for creating compounds with enhanced therapeutic properties. Additionally, it is employed in research settings to study enzyme interactions and biochemical pathways, aiding in the discovery of novel treatments. Its stability and reactivity make it a versatile building block in organic synthesis.