This chemical is primarily utilized in the field of organic synthesis, particularly in peptide coupling reactions. It serves as an activated ester, facilitating the formation of amide bonds between amino acids, which is crucial in the synthesis of peptides and proteins. Its structure allows for efficient conjugation, making it valuable in the preparation of complex biomolecules. Additionally, it is employed in the modification of biomolecules for research purposes, enabling the study of protein interactions and functions. Its stability and reactivity make it a useful reagent in pharmaceutical development, particularly in the design and synthesis of peptide-based drugs.