This compound is primarily utilized in organic synthesis as a building block for the preparation of more complex molecules. It serves as an intermediate in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic properties. Its structure, featuring both an amino group and a carboxylic acid, allows for versatile chemical modifications, making it valuable in drug discovery and medicinal chemistry. Additionally, it can be used in the creation of ligands for metal coordination chemistry, aiding in the study of catalytic processes or material science applications. Its role in research and development highlights its importance in advancing chemical and pharmaceutical innovations.