Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. Its structure allows it to act as a building block for creating more complex molecules, particularly in the development of drugs targeting neurological and inflammatory conditions. Additionally, it is employed in the synthesis of specialty chemicals and research compounds, where its benzylamino and benzoic acid groups facilitate specific chemical reactions. Its applications also extend to material science, where it is utilized in the development of advanced polymers and coatings.