This compound is primarily utilized in the synthesis of pharmaceutical agents, particularly as an intermediate in the production of drugs targeting neurological and psychiatric disorders. Its structure is key in the development of compounds that interact with neurotransmitter systems, such as GABAergic and dopaminergic pathways. Additionally, it is employed in research to study the biochemical mechanisms of amino acid derivatives and their role in modulating brain function. Its hydroxyl and amino functional groups make it a versatile building block for designing molecules with potential therapeutic applications.