Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and bioactive molecules. Its structure allows for functionalization in the development of central nervous system agents, particularly in the design of analogs with potential anxiolytic or sedative properties. The ester and amine groups enable coupling reactions and ring formation, making it valuable in medicinal chemistry for constructing heterocyclic systems. It may also find use in the synthesis of local anesthetics or anti-inflammatory agents due to its benzoate backbone and modifiable amine moiety.