Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and analgesics. It serves as a building block for active pharmaceutical ingredients due to the presence of both amine and ester functional groups, allowing for further chemical modifications. Commonly employed in the preparation of substituted phenethylamines and related bioactive molecules. Also utilized in research settings for the development of novel therapeutic compounds and in the production of specialty chemicals for medicinal chemistry applications.