Used primarily as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system agents. Its structure supports the creation of bioactive molecules due to the presence of both amine and ester functionalities, enabling amide bond formation and other key reactions in medicinal chemistry. Commonly employed in the preparation of nootropic or neuroprotective agents, it facilitates blood-brain barrier penetration in drug design. Also utilized in research settings for scaffold modification in heterocyclic compound libraries.