This compound is primarily utilized in organic synthesis as a building block for more complex molecules. It serves as an intermediate in the preparation of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. Its structure, featuring both amino and ester functional groups, makes it versatile for modifications, enabling the creation of compounds with potential therapeutic properties. Additionally, it is employed in research settings for studying reaction mechanisms and developing novel synthetic pathways. Its application extends to the field of medicinal chemistry, where it aids in the design and optimization of drug candidates.