This compound is primarily used in the field of pharmaceutical research and development, particularly in the synthesis of peptide-based drugs. It serves as a key intermediate in the production of complex molecules that target specific biological pathways. Its structure, featuring a tert-butoxycarbonyl (Boc) protecting group and a thioether linkage, makes it valuable for constructing peptides with enhanced stability and controlled reactivity. Additionally, the compound is utilized in the study of enzyme inhibitors and receptor modulators, aiding in the discovery of new therapeutic agents for diseases such as cancer, autoimmune disorders, and infectious diseases. Its application extends to medicinal chemistry, where it contributes to the optimization of drug candidates for improved efficacy and reduced side effects.