This compound is primarily utilized in the synthesis of peptides and peptidomimetics, serving as a protected amino acid derivative. It is often employed in the preparation of biologically active compounds, particularly in medicinal chemistry, where it acts as a building block for drug development. Its structure allows for selective deprotection, enabling the creation of specific peptide sequences. Additionally, it is used in research to study enzyme inhibitors and receptor ligands, contributing to the development of therapeutic agents targeting various diseases. Its stability and compatibility with solid-phase peptide synthesis make it a valuable tool in organic and pharmaceutical chemistry.