This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the production of compounds targeting specific biological pathways, such as enzyme inhibition or receptor modulation. Its structure is valuable in medicinal chemistry for designing molecules with potential therapeutic effects, especially in areas like oncology, neurology, and infectious diseases. Additionally, it may be employed in the study of peptide analogs and bioactive molecules, contributing to advancements in drug discovery and optimization.