This compound is primarily utilized in the synthesis of various pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) with potential therapeutic applications. It serves as a key building block in the preparation of compounds that exhibit biological activity, such as those targeting neurological disorders or cardiovascular diseases. Additionally, it is employed in organic chemistry research for the creation of complex molecules through reactions like condensation or cyclization, due to its reactive aldehyde group and morpholinoethoxy moiety. Its oxalate form enhances stability and solubility, making it suitable for use in experimental and industrial processes.