This chemical is primarily utilized in the field of biochemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those involved in the development of enzyme inhibitors and receptor modulators. Its unique structure allows it to mimic certain natural amino acids, making it valuable in studying enzyme mechanisms and designing drugs that target specific metabolic pathways. Additionally, it is employed in the production of chiral compounds, which are crucial for creating enantiomerically pure pharmaceuticals. Its role in peptide synthesis also makes it relevant in the development of therapeutic peptides and protein-based drugs.