This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of various pharmaceutical agents. It plays a crucial role in the development of peptide-based drugs, particularly those targeting enzyme inhibition or receptor modulation. Its structure is often leveraged in the creation of chiral molecules, which are essential for producing enantiomerically pure compounds with specific biological activities. Additionally, it is employed in research settings for studying peptide coupling reactions and optimizing synthetic pathways for complex organic molecules. Its application extends to the production of bioactive compounds that may have potential therapeutic effects in treating diseases such as cancer, infections, or neurological disorders.