This compound is primarily utilized in biochemical research and pharmaceutical development. It serves as a key intermediate in the synthesis of peptides and other biologically active molecules. Its structure allows it to participate in coupling reactions, making it valuable for constructing complex peptide chains. Additionally, it is used in the study of enzyme mechanisms and protein interactions due to its ability to mimic natural substrates. In drug discovery, it aids in the design and optimization of therapeutic agents targeting specific biological pathways. Its hydrochloride form enhances solubility, facilitating its use in aqueous-based experimental setups.