This compound is primarily used in biochemical research as a substrate for studying the activity of angiotensin-converting enzyme (ACE). ACE plays a critical role in regulating blood pressure, and this chemical helps in assessing the enzyme's function in various experimental settings. It is also utilized in developing and validating assays to screen potential ACE inhibitors, which are important in treating conditions like hypertension and heart failure. Additionally, it serves as a tool in understanding the biochemical pathways involved in cardiovascular diseases.