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 an amino group and a methoxy group, makes it a valuable building block for designing drugs, particularly those targeting the central nervous system or cardiovascular diseases. It is often employed in the development of chiral compounds, leveraging its stereochemistry to enhance the efficacy and specificity of the resulting drugs. Additionally, it finds application in research settings for studying enzyme interactions and receptor binding, aiding in the discovery of novel therapeutic agents.