Used in pharmaceutical research as a key intermediate in the synthesis of various bioactive compounds. It plays a role in developing drugs targeting neurological disorders due to its structural similarity to nicotinic acid derivatives. Additionally, it is utilized in organic synthesis to create complex molecules for potential therapeutic applications, particularly in the field of medicinal chemistry. Its methoxy, amino, and ester groups make it a versatile building block for designing novel compounds with potential anti-inflammatory or antioxidant properties.