Used as a building block in the synthesis of bioactive molecules and enzyme inhibitors due to its structural similarity to amino acids. Employed in medicinal chemistry for developing compounds with potential antimicrobial, antiviral, and anticancer activities. Acts as a ligand in coordination chemistry for metal ion chelation. Applied in agricultural chemistry as a component in herbicides and plant growth regulators. Also utilized in the preparation of phosphonate-based polymers and surface modifiers for materials science applications.