This compound is primarily used in biochemical research and peptide synthesis. It serves as a substrate or intermediate in the study of enzyme kinetics, particularly for proteases and peptidases, to understand their mechanisms and specificity. It is also utilized in the development of peptide-based drugs, where it acts as a building block for constructing more complex peptide structures. Additionally, it finds application in the investigation of protein folding and stability, helping researchers explore the interactions and conformational changes in peptides. Its hydrochloride form enhances solubility, making it suitable for various experimental conditions in aqueous solutions.