Used primarily as an intermediate in organic synthesis, particularly in the pharmaceutical industry for constructing complex molecules. Its structure allows it to act as a protected amine derivative, facilitating selective reactions in multi-step syntheses. Commonly employed in the development of analgesics and anti-inflammatory agents due to the presence of the phenyl and methoxyethyl groups, which can influence bioavailability and binding affinity. Also utilized in agrochemical research for designing novel active ingredients in crop protection products. Its stability under various reaction conditions makes it suitable for use in coupling reactions and as a building block in heterocyclic chemistry.