Used in peptide synthesis as a building block for creating complex peptides and proteins. It serves as a precursor in the production of various biologically active compounds, particularly in pharmaceutical research. Its role in the development of peptide-based drugs is crucial due to its ability to influence the structure and function of peptides. Additionally, it is employed in biochemical studies to investigate enzyme mechanisms and protein interactions. Its stability and reactivity make it a valuable component in organic synthesis and medicinal chemistry.