This chemical is primarily utilized in the synthesis of peptides and other complex organic molecules. It serves as a protecting group for amino acids during peptide bond formation, ensuring selective reactions and preventing unwanted side reactions. Its stability under various reaction conditions makes it suitable for use in solid-phase peptide synthesis, a common method for producing peptides in pharmaceutical research. Additionally, it is employed in the preparation of chiral compounds, where its structure aids in maintaining stereochemical integrity. The compound is also used in the development of drug intermediates, particularly in the production of bioactive molecules that require precise control over molecular configuration. Its application extends to the field of biochemistry, where it is used in the study of enzyme-substrate interactions and protein folding mechanisms.