This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) for various therapeutic applications. Its structure, featuring both an amine and ester functional group, makes it a versatile building block in organic synthesis. It is often employed in the preparation of compounds targeting neurological disorders, including potential treatments for Alzheimer's disease and other cognitive impairments. Additionally, it serves as a key precursor in the creation of molecules with potential antiviral or antibacterial properties, contributing to the ongoing research in infectious disease management. Its hydrochloride form enhances stability and solubility, facilitating its use in laboratory and industrial processes.