This compound is primarily used in peptide research and development, particularly in studying peptide synthesis and structure-activity relationships. It serves as a model peptide in biochemical studies to understand enzymatic reactions and peptide interactions. Additionally, it is utilized in the development of peptide-based pharmaceuticals, where its structure helps in exploring potential therapeutic applications. In cosmetic formulations, it may be incorporated for its potential skin-conditioning properties. Its role in enzymatic degradation studies also aids in understanding metabolic pathways and peptide stability.