Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structural features allow for interaction with neurotransmitter systems, making it valuable in the design of neuromodulatory drugs. Also employed in the preparation of bioactive molecules and peptidomimetics due to its amino acid-like framework with enhanced metabolic stability. Additionally, serves as a building block in medicinal chemistry for creating novel heterocyclic compounds with potential therapeutic applications.