Used as an intermediate in organic synthesis, particularly in the preparation of bioactive molecules and pharmaceuticals. It serves as a key building block in the development of protease inhibitors and other enzyme-targeted therapeutics. Its hydroxamic acid functional group enables strong chelation with metal ions, making it valuable in the design of metalloenzyme inhibitors. Also employed in medicinal chemistry research for structure-activity relationship (SAR) studies due to its ability to mimic transition states in peptide hydrolysis. Additionally, it has been explored in the synthesis of anticancer and anti-inflammatory agents owing to its favorable binding properties with biological targets.