Used in pharmaceutical research as a key intermediate in the synthesis of bioactive molecules, particularly those targeting neurological and inflammatory pathways. Its structure supports the development of enzyme inhibitors due to the presence of both amide and amine functional groups, which can interact with biological targets. Also explored in the design of metal chelators for potential use in treating metal-related disorders. Additionally, it serves as a building block in the preparation of fluorescent probes for biochemical assays, leveraging the hydroxyl group for conjugation to fluorophores.