Used primarily as an intermediate in organic synthesis, especially in the preparation of pharmaceuticals and fine chemicals. It serves as a building block in the development of bioactive molecules due to its amine functionality and lipophilic character. Its structure allows for easy modification in multi-step syntheses, making it valuable in drug discovery and the production of specialty amines. Additionally, it may act as a protecting group strategy in complex molecule assembly due to the stability and selective deprotection of the benzyl groups.