Used in the synthesis of organic compounds, it serves as a key intermediate in the production of pharmaceuticals, particularly in the development of drugs targeting bone-related diseases due to its phosphonic acid group, which can mimic phosphate and interact with bone minerals. It is also employed in the creation of chelating agents for metal ions, useful in water treatment and industrial processes. Additionally, it finds application in the preparation of functionalized materials, such as polymers and coatings, where its amino group enables further chemical modifications. Its unique structure makes it valuable in research for designing molecules with specific biological or chemical properties.