Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of peptides and peptidomimetics. Its structure is particularly valuable in constructing complex molecules due to the presence of both amino and ester functional groups, which facilitate further chemical modifications. It is often employed in the production of bioactive compounds, including potential drug candidates targeting various diseases. The benzyloxycarbonyl (Cbz) protecting group ensures selective reactivity during synthetic processes, making it a versatile building block in organic and medicinal chemistry. Additionally, its chiral nature allows for the creation of enantiomerically pure substances, which are crucial in developing therapeutics with high specificity and reduced side effects.