Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and biologically active compounds. Its structure contains both ester and amide functional groups, making it valuable for constructing peptide-like molecules and heterocyclic compounds. Commonly employed in the development of drug candidates targeting inflammation, central nervous system disorders, and metabolic diseases. Also utilized in the synthesis of prodrugs due to the presence of the methyl ester, which can enhance membrane permeability.