Used in pharmaceutical research as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting neurological and inflammatory disorders. Its structure allows it to act as a precursor for the development of peptide-based drugs, enhancing their stability and efficacy. Additionally, it is explored in the production of prodrugs, improving the bioavailability of therapeutic agents. Its application extends to biochemical studies, where it serves as a model compound for understanding enzyme-substrate interactions and metabolic pathways.