Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of antiviral and anticancer agents. Its structure supports the construction of nitrogen-containing heterocycles, which are common in bioactive molecules. Also employed in agrochemicals for creating herbicides and plant growth regulators due to its ability to influence metabolic pathways in plants. Its amino and carboxylic acid functional groups allow for easy derivatization, making it valuable in medicinal chemistry for building more complex drug candidates.