Used extensively in the synthesis of peptides and peptidomimetics, this compound plays a critical role in the development of biologically active molecules. It is particularly valuable in the creation of enzyme inhibitors, which are essential in treating various diseases. Additionally, it serves as a key intermediate in the production of pharmaceuticals that target neurological disorders, leveraging its unique structure to enhance drug efficacy and specificity. Its application in organic synthesis also extends to the preparation of complex organic compounds used in medicinal chemistry research.