This compound is primarily utilized in organic synthesis, particularly in the development of pharmaceuticals and bioactive molecules. It serves as a key intermediate in the preparation of complex chemical structures, often playing a role in the synthesis of piperidine-based compounds. Its benzyl ester group enhances its reactivity, making it useful in peptide coupling reactions and other transformations where selective protection and deprotection strategies are required. Additionally, it finds application in medicinal chemistry research for designing and optimizing drug candidates, especially those targeting neurological and metabolic disorders. Its structural features also make it a valuable building block in the creation of chiral ligands and catalysts for asymmetric synthesis.