This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. Its structure, featuring both amino and carboxylate functional groups, makes it a versatile building block for the development of drugs targeting neurological and cardiovascular disorders. It is particularly significant in the production of enzyme inhibitors and receptor modulators, which are essential for treating conditions like hypertension, anxiety, and depression. Additionally, its chiral centers allow for the creation of enantiomerically pure compounds, enhancing the efficacy and specificity of the resulting medications. Researchers also explore its potential in designing novel compounds with improved pharmacokinetic properties.