Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system agents. Its structure supports the formation of bioactive molecules due to the presence of both amino and carboxylic acid functional groups, allowing for easy derivatization. Also employed in the preparation of agrochemicals and functional materials where fluorinated aromatic compounds enhance stability and lipophilicity. Commonly utilized in research settings for building complex heterocyclic systems.