This chemical is primarily used in the synthesis of peptide-based compounds, particularly in the development of pharmaceuticals and bioactive molecules. It serves as a protecting group for amino acids during peptide synthesis, ensuring specific reactions occur at desired sites without interference. Its structure allows for selective deprotection, making it valuable in constructing complex peptide chains. Additionally, it is utilized in research for modifying proteins and peptides to study their biological functions or improve their stability. Its application extends to drug discovery, where it aids in creating potential therapeutic agents targeting various diseases.