This compound is primarily utilized in the synthesis of advanced organic materials and pharmaceutical intermediates. Its structure, featuring both an allyloxy group and an amino acid moiety, makes it a versatile building block for creating complex molecules. It is often employed in the development of bioactive compounds, particularly in the design of enzyme inhibitors or receptor modulators due to its ability to interact with biological targets. Additionally, it can be used in polymer chemistry to introduce functional groups into polymer chains, enhancing properties such as solubility or reactivity. Its application in medicinal chemistry is notable for the creation of potential therapeutic agents targeting neurological or inflammatory disorders.