This compound is primarily utilized in the synthesis of pharmaceuticals and fine chemicals. It serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs), particularly in the development of drugs targeting neurological disorders and metabolic diseases. Its structure is valuable in the creation of peptide mimetics, which are used to mimic the function of natural peptides in therapeutic applications. Additionally, it is employed in organic synthesis for constructing complex molecules due to its reactive amino and ester functional groups. Its role in research extends to the study of enzyme mechanisms and protein interactions, aiding in the development of novel biochemical tools and therapies.