Used primarily in pharmaceutical research and development, this compound serves as an intermediate in the synthesis of complex molecules. It is particularly valuable in the creation of peptide-based drugs, where its structure aids in the stabilization and protection of amino groups during chemical reactions. Additionally, it plays a role in the development of enzyme inhibitors, contributing to the study and treatment of various diseases. Its application extends to the field of medicinal chemistry, where it is utilized to enhance the bioavailability and efficacy of therapeutic agents.