This compound is primarily utilized in the field of organic synthesis, where it serves as a building block for the creation of more complex molecules. Its structure, featuring both an amino group and a carboxylic acid, makes it a versatile intermediate in the synthesis of pharmaceuticals, particularly those targeting neurological disorders. It is often employed in the development of drugs that modulate neurotransmitter activity, such as those used in the treatment of anxiety, depression, and cognitive impairments. Additionally, its benzyl group can be leveraged in the design of compounds with enhanced bioavailability and targeted delivery. In research settings, it is also used to study enzyme interactions and receptor binding, aiding in the understanding of biochemical pathways and drug mechanisms.