This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of biologically active molecules. Its structure, featuring a 1,3,4-oxadiazole ring and a protected amine group, makes it a valuable intermediate in the design of enzyme inhibitors and receptor modulators. The compound is often employed in the creation of prodrugs or active pharmaceutical ingredients (APIs) targeting conditions such as cancer, inflammation, or infectious diseases. Additionally, its thiol group allows for conjugation or functionalization, enabling its use in peptide synthesis or as a building block in medicinal chemistry. Its stability and reactivity make it a versatile tool in drug discovery and optimization processes.