This chemical is primarily utilized in peptide synthesis as a coupling agent. It facilitates the formation of peptide bonds by activating carboxyl groups, making it easier for amino acids to link together. Its structure includes a benzyloxycarbonyl (Cbz) protecting group, which safeguards the amino group during the synthesis process, preventing unwanted reactions. The compound is particularly valuable in the production of complex peptides and proteins, where precise control over the sequence and structure is essential. It is often employed in pharmaceutical research and development for creating peptide-based drugs, as well as in biochemical studies to explore protein functions and interactions. Additionally, its chiral nature allows for the synthesis of enantiomerically pure peptides, which is crucial in drug development to ensure biological activity and reduce side effects.