This compound is primarily utilized in the pharmaceutical and biochemical research fields. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting enzyme inhibition or receptor modulation. Its structural features make it suitable for developing peptide-based drugs, where it can enhance stability and bioavailability. Additionally, it is employed in the study of metabolic pathways and as a building block for designing compounds with potential therapeutic applications, such as anti-inflammatory or anticancer agents. Its role in optimizing drug delivery systems is also noteworthy, as it can improve the pharmacokinetic properties of active pharmaceutical ingredients.