Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting central nervous system disorders. It plays a role in the production of pyrrolidine-based molecules, which are essential in creating bioactive compounds with potential therapeutic effects. Additionally, it is utilized in organic chemistry research for constructing complex molecular structures due to its reactive hydrazine and ester functional groups. Its application extends to the development of peptidomimetics, which mimic peptides and are crucial in drug discovery for treating various diseases.