This compound is primarily utilized in the synthesis of peptides and other biologically active molecules. It serves as a key intermediate in the preparation of cyclic peptides, which are of significant interest in pharmaceutical research due to their potential therapeutic applications. The carbobenzoxy (Cbz) protecting group in the molecule is particularly useful in peptide synthesis, as it can be easily removed under mild conditions, allowing for the controlled assembly of peptide chains. Additionally, the cyclohexane ring structure contributes to the stability and conformational rigidity of the resulting peptides, which can enhance their biological activity and specificity. This makes it a valuable component in the development of new drugs, particularly those targeting specific enzymes or receptors in the body.