This compound is primarily utilized in peptide synthesis and pharmaceutical research due to its role as a protected amino acid derivative. It is particularly valuable in the development of peptide-based drugs, where it aids in the precise construction of peptide chains by ensuring proper amino acid sequencing and stability during synthesis. Its trifluoroacetic acid component helps in purification processes, making it easier to isolate and obtain high-purity peptides. Additionally, it finds application in biochemical studies for investigating protein interactions and enzyme mechanisms, contributing to advancements in drug discovery and therapeutic development.