This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure, featuring both amino and carboxylic acid functional groups, makes it a valuable building block for creating complex molecules, particularly in the development of β-lactam antibiotics and other therapeutic agents. Additionally, it plays a role in research settings for studying enzyme inhibition and designing novel drug candidates targeting specific biological pathways. Its phenylmethoxy group further enhances its utility in modifying drug solubility and bioavailability.