Used primarily in organic synthesis, it serves as a key intermediate in the production of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It is also employed in the synthesis of peptides and amino acid derivatives, aiding in the modification of molecular structures to enhance biological activity. Additionally, it finds application in research laboratories for studying enzyme inhibition and receptor binding mechanisms, contributing to the discovery of new therapeutic agents. Its role in medicinal chemistry makes it valuable for designing compounds with potential therapeutic effects.