Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active agents. Its structural features make it valuable in creating analogs for drug candidates targeting neurological disorders. The compound's aryl-substituted glycine backbone is often exploited in medicinal chemistry to enhance metabolic stability and receptor selectivity. It also serves in the preparation of peptidomimetics and as a building block in asymmetric synthesis for chiral drug molecules.