This compound is primarily used in peptide synthesis, particularly in the field of drug development and biochemical research. It serves as a building block for creating peptides with specific modifications, enabling the study of peptide interactions and functions. The Fmoc group protects the amino acid during synthesis, while the palmitoyl and glutamic acid moieties allow for the incorporation of lipid and hydrophilic components, respectively. This makes it valuable for designing peptides with enhanced stability, membrane permeability, or targeted delivery properties. It is often employed in the development of therapeutic peptides, vaccines, and diagnostic tools, as well as in research exploring protein-protein interactions and cell signaling pathways.