Used in the synthesis of peptides and biologically active compounds, this amino acid derivative serves as a building block in medicinal chemistry. Its functional groups allow for incorporation into larger molecules, enabling the development of enzyme inhibitors or receptor ligands. It is also utilized in the preparation of specialty polymers and dendrimers where precise molecular architecture is required. In research, it acts as a linker or spacer in bioconjugation, improving solubility and stability of conjugated molecules. Additionally, it finds use in the design of novel drug delivery systems due to its biocompatible and modifiable structure.