This chemical is primarily utilized in the synthesis of peptides and other organic compounds. It serves as a protected amino acid derivative, where the benzyloxycarbonyl (Cbz) group acts as a protective group for the amine functionality. This protection is crucial in peptide synthesis to prevent unwanted reactions at the amine site during the formation of peptide bonds. The compound is particularly valuable in the preparation of cyclopentane-based peptides, which are of interest in medicinal chemistry due to their potential biological activities. Additionally, it can be used in the development of peptidomimetics, which are molecules that mimic the structure and function of peptides, often leading to enhanced stability and bioavailability. Its application extends to research in drug discovery, where it aids in the creation of novel therapeutic agents targeting various diseases.