This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of more complex molecules. Its structure is particularly valuable in the creation of potential drug candidates, especially those targeting neurological disorders and inflammatory diseases. The presence of both amino and carboxylate functional groups allows for versatile modifications, enabling the development of compounds with enhanced biological activity and selectivity. Researchers often employ it in medicinal chemistry to explore new therapeutic agents, leveraging its scaffold to optimize pharmacokinetic properties and improve drug efficacy. Additionally, it may be used in the study of enzyme inhibition and receptor binding, contributing to the advancement of targeted therapies.