Primarily utilized in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. Its structure is particularly valuable in the development of piperazine derivatives, which are essential in creating drugs targeting neurological and psychiatric disorders. Additionally, it is employed in the synthesis of complex molecules for research purposes, aiding in the exploration of new therapeutic agents. Its ester groups make it a versatile building block in medicinal chemistry, facilitating the design of compounds with enhanced bioavailability and efficacy.