Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and bioactive molecules. Its amine and ester functionalities allow for versatile chemical modifications, making it valuable in constructing peptide-like structures or prodrugs. The hydrochloride salt form enhances stability and solubility, which is beneficial in aqueous reaction environments. Commonly employed in the development of enzyme inhibitors or receptor ligands due to its structural similarity to biologically active amines.