This compound is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of peptide-based drugs. Its structure, featuring both amino and hydroxyl functional groups, makes it a valuable building block for creating complex peptides with specific biological activities. It is often employed in the design of enzyme inhibitors, antimicrobial agents, and therapeutic peptides targeting various diseases. Additionally, its stereochemistry allows for precise control over the three-dimensional structure of the resulting peptides, enhancing their efficacy and selectivity in interacting with biological targets. This compound is also explored in studies related to protein folding and molecular recognition due to its ability to mimic natural amino acids in peptide chains.