Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure supports the construction of nitrogen-containing heterocycles, which are common in drugs targeting inflammatory diseases, cancer, and central nervous system disorders. The amine and ester functional groups allow for easy modification, making it valuable in medicinal chemistry for structure-activity relationship (SAR) studies. It is also employed in the preparation of agrochemicals and functional materials due to its reactivity and stability in multi-step syntheses.