This chemical is primarily utilized in biochemical research and pharmaceutical development. It serves as a key intermediate in the synthesis of peptides and other complex organic molecules. Its structure allows it to act as a linker or spacer in the construction of biologically active compounds, enhancing their stability and bioavailability. Additionally, it is used in the study of enzyme mechanisms and protein interactions, providing insights into biochemical pathways. Its application extends to the development of novel therapeutic agents, particularly in the design of drugs targeting specific cellular processes.