This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. Its structure, featuring both an amide and a carboxylic acid functional group, makes it versatile for various chemical reactions, including peptide coupling and esterification.

In pharmaceutical research, it is often employed in the development of drug candidates, particularly those targeting neurological and metabolic disorders. The methoxybenzyl group can enhance the bioavailability and stability of the resulting compounds, making it a valuable building block in medicinal chemistry.

Additionally, it finds applications in material science, where it is used to modify polymers and coatings, improving their mechanical properties and adhesion characteristics. Its bifunctional nature allows it to act as a crosslinking agent, enhancing the durability and performance of the final materials.

Overall, its unique chemical structure makes it a valuable component in diverse industrial and research applications.