Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and bioactive compounds. It serves as a building block for peptides and peptidomimetics due to the presence of both amine and amide functionalities. Commonly employed in the development of central nervous system agents, including potential treatments for neurodegenerative disorders. Also utilized in the synthesis of labeled compounds for biochemical assays and receptor binding studies. Its structure mimics natural neurotransmitters, making it valuable in medicinal chemistry research.