This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex chemical entities. Its structure, featuring an ester, an amide, and an amino functional group, makes it versatile for various chemical transformations. It is often employed in the synthesis of pharmaceutical compounds, particularly those targeting specific biological pathways such as antimicrobials or anticancer agents. Additionally, it can be used in the development of dyes and pigments due to its aromatic nature, which allows for the creation of stable colorants. Researchers also explore its potential in polymer chemistry, where it can act as a monomer or modifier to enhance material properties. Its applications extend to academic research, where it serves as a model compound for studying reaction mechanisms and developing new synthetic methodologies.