Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents and receptor modulators. Its structure supports the creation of bioactive molecules due to the presence of a tertiary amine and ester functionality, enabling further chemical modifications. Commonly employed in the preparation of drug candidates targeting neurological disorders, including antidepressants and antipsychotics. Also utilized in agrochemical research for designing novel active ingredients with improved selectivity and efficacy.