Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and analgesics. Its structure allows for further functionalization, making it valuable in medicinal chemistry for building complex molecules. Commonly employed in research settings to design compounds with potential activity on neurotransmitter receptors. Also utilized in the preparation of local anesthetics and anti-inflammatory agents due to its amine and ester functionalities that enhance binding and bioavailability.