This chemical is primarily utilized in the synthesis of peptides and proteins, serving as a building block in the creation of complex molecular structures. It is often employed in the pharmaceutical industry to develop active pharmaceutical ingredients (APIs) that require specific amide linkages. Additionally, it plays a role in the production of biodegradable polymers, contributing to the development of environmentally friendly materials. Its unique structure also makes it valuable in organic chemistry research, particularly in studies involving amide bond formation and modification.