This compound is primarily utilized in the pharmaceutical and chemical research industries. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those involved in the development of drugs targeting specific enzymes or receptors. Its structure, featuring both an amino group and a hydroxyl group, makes it a versatile building block for creating more complex chemical entities. Researchers often employ it in the preparation of pyrimidine derivatives, which are crucial in the design of antiviral, anticancer, and anti-inflammatory agents. Additionally, its role in the development of small-molecule inhibitors for therapeutic applications highlights its significance in medicinal chemistry.