Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other bioactive molecules. Its protected amine and hydroxyl functionalities allow selective chemical modifications, making it valuable in medicinal chemistry for constructing complex drug scaffolds. Commonly employed in the preparation of protease inhibitors and central nervous system agents due to its favorable solubility and stability properties. Also utilized in solid-phase synthesis and combinatorial chemistry for generating compound libraries in drug discovery.