This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of more complex pharmaceutical agents. Its structure, featuring a trifluoromethylphenyl group and a carboxymethylamino moiety, makes it a valuable building block for developing drugs with potential central nervous system activity. Researchers often explore its derivatives for applications in treating neurological disorders, such as depression or anxiety, due to its ability to interact with specific neurotransmitter systems. Additionally, its unique chemical properties may contribute to the development of compounds with improved bioavailability and metabolic stability, making it a key component in drug discovery and optimization processes.