This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of drugs targeting the central nervous system. Its structure, featuring a cyclohexyl ring and an ethylamino group, makes it a valuable building block for creating molecules with potential therapeutic effects. It is often employed in research settings to explore new treatments for neurological disorders, such as anxiety, depression, and cognitive impairments. Additionally, its ester functionality allows for further chemical modifications, enabling the creation of diverse derivatives for biological testing and drug optimization.