Primarily used in peptide synthesis, this compound serves as a building block for creating specific peptide sequences. It is particularly valuable in research involving the study of enzyme substrates and inhibitors, helping to understand biochemical pathways. Additionally, it is employed in the development of pharmaceuticals, especially in designing drugs that target specific protein interactions. Its role in producing custom peptides also aids in the study of protein structure and function, contributing to advancements in biotechnology and medical research.