This compound is primarily used in peptide synthesis as a building block. It serves as a protected amino acid derivative, ensuring the correct sequence and structure of peptides during chemical reactions. Its hydrochloride form enhances solubility, making it easier to handle in aqueous solutions. It is particularly valuable in the production of complex peptides for pharmaceutical research, including the development of drugs targeting specific biological pathways. Additionally, it finds application in the study of enzyme mechanisms and protein interactions, aiding in the understanding of biochemical processes.