This chemical is primarily used in biochemical research as a reagent for studying enzyme activity and protein interactions. It is particularly valuable in the development of assays to measure protease activity, as it can act as a substrate or inhibitor in enzymatic reactions. Its unique structure allows it to interact selectively with specific enzymes, making it a useful tool for understanding enzyme mechanisms and kinetics. Additionally, it is employed in the synthesis of peptide derivatives and in the investigation of biochemical pathways related to amino acid metabolism. Its applications are largely confined to laboratory settings, where it contributes to advancements in enzymology and molecular biology.