This compound, known as L-histidyl-L-aspartic acid (His-Asp), is primarily used in biochemical research and pharmaceutical development as an intermediate in the synthesis of more complex molecules. It is particularly valuable in studies related to enzyme inhibition and receptor binding, where its structure can mimic natural substrates or ligands. Additionally, it has applications in the development of drugs targeting metabolic pathways, especially those involving amino acid metabolism. Its imidazole (from histidine) and amino acid components make it useful in designing compounds for therapeutic purposes, such as treatments for metabolic disorders or as potential anti-inflammatory agents.