This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of peptide-based therapeutics, particularly those targeting specific enzyme inhibitors or receptor modulators. Its structure, featuring both an amino acid backbone and a propargyloxycarbonyl protecting group, makes it valuable for controlled peptide coupling reactions. Additionally, it is used in the preparation of click chemistry reagents, enabling the conjugation of biomolecules for applications in targeted drug delivery systems and diagnostic probes. Its hydrochloride form ensures stability and solubility, facilitating its use in various biochemical and pharmaceutical processes.