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It is employed as a intermediate for pharmaceutical.
Khan W. Li; Jerry Wu; Wenning Xing; and Julian A. Simon. Total Synthesis of the Antitumor Depsipeptide FR-901,228. J. Am. Chem. Soc. 1996, 118 (30), 7237-7238.
Hsing-Pang Hsieha; Ying-Ta Wua; Shui-Tein Chen; Kung-Tsung Wang. Direct solid-phase synthesis of octreotide conjugates: precursors for use as tumor-targeted radiopharmaceuticals. Bioorganic & Medicinal Chemistry. 1999, 7 (9), 1797-1803.