This compound is primarily utilized in organic synthesis as an intermediate for the preparation of various pharmaceuticals and bioactive molecules. Its structure, featuring both ester and amine functional groups, makes it a versatile building block in the synthesis of complex organic compounds. It is often employed in the development of drugs targeting neurological and cardiovascular disorders due to its ability to interact with specific biological pathways. Additionally, it serves as a precursor in the production of compounds with potential anti-inflammatory and analgesic properties. Researchers also explore its use in designing novel agrochemicals, leveraging its chemical reactivity to create effective pesticides or herbicides. Its applications extend to material science, where it contributes to the synthesis of specialized polymers and coatings with tailored properties.