This chemical is primarily used in the synthesis of pharmaceuticals, particularly in the development of peptide-based drugs. It serves as a key intermediate in the production of various biologically active compounds, including inhibitors and enzyme modulators. Its structure is valuable in constructing complex molecules that target specific proteins or receptors, making it essential in medicinal chemistry research. Additionally, it is employed in the preparation of chiral compounds, which are crucial for creating enantiomerically pure drugs with enhanced efficacy and reduced side effects.