This compound is primarily utilized in the synthesis of complex organic molecules, particularly in pharmaceutical research. It serves as a key intermediate in the development of biologically active compounds, including potential drug candidates. Its structure, featuring both a tert-butoxycarbonyl (Boc) protecting group and a piperidine ring, makes it valuable for constructing peptides and other nitrogen-containing heterocycles. The Boc group can be selectively removed under mild acidic conditions, allowing for further functionalization. Additionally, the hydroxyl and amino groups provide sites for chemical modifications, enabling the creation of diverse derivatives for medicinal chemistry applications. Its role in the production of protease inhibitors and other therapeutic agents highlights its importance in drug discovery and development.