This chemical is primarily utilized in organic synthesis as an intermediate for the production of more complex compounds. It is often employed in the development of pharmaceutical agents, particularly in the synthesis of molecules with potential therapeutic effects. Its structure, featuring a benzyloxy group and a dimethylamino moiety, makes it a valuable building block in the creation of bioactive compounds. Additionally, it can be used in research settings to study reaction mechanisms or to develop new synthetic pathways for drug discovery. Its application is mainly confined to laboratory use, where it contributes to the advancement of medicinal chemistry and related fields.