This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various biologically active molecules. Its structure, featuring both an amino group and a furan ring, makes it a valuable building block for constructing complex organic compounds, particularly in pharmaceutical research. It is often employed in the synthesis of peptide analogs and other drug candidates, where the furan moiety can impart specific binding properties or enhance metabolic stability. Additionally, its ester functional group allows for further chemical modifications, making it versatile in the development of novel therapeutic agents. Researchers also explore its potential in agrochemical applications, leveraging its structural features to design new pesticides or plant growth regulators.