This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its chiral structure makes it valuable in the production of enantiomerically pure drugs, particularly those targeting neurological and cardiovascular conditions. The presence of both amino and ester functional groups allows for further chemical modifications, enabling the development of compounds with specific biological activities. Additionally, it is employed in research settings to study the structure-activity relationships of molecules, aiding in the design of more effective and selective therapeutic agents.