This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of compounds targeting the central nervous system, where it can be incorporated into molecules designed to interact with specific receptors or enzymes. Additionally, it serves as a building block in the creation of potential therapeutic agents for conditions such as neurological disorders or pain management. Its tert-butyl ester group enhances stability and solubility, making it a versatile component in organic synthesis and drug discovery processes.