Used in peptide synthesis, particularly in solid-phase peptide synthesis (SPPS), to introduce myristoylated lysine residues into peptides. Myristoylation is a lipid modification that plays a role in protein-membrane interactions and cellular signaling. This compound is valuable for studying protein lipidation, membrane association, and the function of myristoylated proteins in biological systems. It is also employed in the development of peptide-based drugs and probes to investigate protein localization and trafficking in cells.