This compound is widely used in peptide synthesis as a protective agent for amino acids. It helps in the formation of specific peptide bonds by protecting the amino group during the reaction process. It is particularly valuable in the synthesis of complex peptides and proteins in pharmaceutical research and development. Additionally, it is employed in the production of various bioactive peptides and in the study of peptide structure and function. Its stability and ease of removal under mild conditions make it a preferred choice in organic and medicinal chemistry applications.