This compound is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of peptide-based drugs. Its structure makes it a valuable intermediate for creating modified peptides, which are often explored for their therapeutic potential. It is commonly used in the preparation of protease inhibitors, which play a crucial role in treating diseases such as HIV and hepatitis C. Additionally, it serves as a building block in the production of custom peptides for biochemical studies, aiding in the understanding of protein interactions and enzyme mechanisms. Its application extends to the development of novel drug candidates targeting specific biological pathways.