This compound is primarily used in pharmaceutical research and development, particularly in the synthesis of peptides and other bioactive molecules. Its structure, featuring both amino and carboxylic acid functional groups, makes it a valuable building block for creating complex organic compounds. It is often employed in the preparation of drug intermediates, where its properties facilitate the formation of stable amide bonds. Additionally, it can be utilized in studies focused on enzyme inhibition or receptor binding due to its ability to mimic natural amino acids. Its hydrochloride form enhances solubility, making it suitable for use in aqueous-based reactions and biological assays.