Widely used as a key intermediate in pharmaceutical synthesis, particularly in the development of central nervous system agents and cardiovascular drugs. Its structure supports the creation of biologically active molecules due to the presence of both amino and ester functional groups, which allow for easy modification and derivatization. Commonly employed in the preparation of kinase inhibitors and anti-inflammatory compounds. Also utilized in the synthesis of novel heterocyclic systems for drug discovery research, making it valuable in medicinal chemistry and high-throughput screening programs.