This compound is commonly utilized in peptide synthesis as a building block for creating complex peptide structures. It serves as a protected amino acid derivative, ensuring specific reactions occur at desired sites without unwanted side reactions. Its application is particularly significant in the development of pharmaceuticals, where precise peptide sequences are crucial for drug efficacy. Additionally, it is used in research to study peptide interactions and folding mechanisms, aiding in the understanding of protein behavior and function. Its stability and reactivity make it a valuable tool in organic chemistry and biotechnology.