This compound is primarily utilized in peptide synthesis as a building block or intermediate. It is often employed in the preparation of custom peptides for research purposes, particularly in the development of pharmaceuticals and bioactive molecules. Its structure allows for selective incorporation into peptide chains, enabling the study of peptide function and interactions. Additionally, it can be used in the synthesis of peptidomimetics, which are compounds designed to mimic the structure and function of peptides, aiding in drug discovery and development. Its stability and reactivity make it a valuable tool in organic and medicinal chemistry laboratories.