This compound is primarily utilized in the synthesis of pharmaceuticals, particularly as an intermediate in the development of active pharmaceutical ingredients (APIs). Its structure, featuring both an amine and ester functional group, makes it a versatile building block in organic synthesis. It is often employed in the creation of complex molecules for drug discovery, especially in the design of compounds targeting neurological and cardiovascular diseases. Additionally, it may be used in the preparation of cyclobutane-based analogs, which are of interest due to their potential biological activity and stability in medicinal chemistry applications.