Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antipsychotic and anti-inflammatory agents. It serves as a building block for heterocyclic compounds due to the presence of both amino and ester functional groups, enabling diverse chemical transformations. Commonly employed in the preparation of thiophene-based bioactive molecules, including kinase inhibitors and receptor antagonists. Also utilized in agrochemical research for designing novel pesticides and herbicides. Its versatility in cyclocondensation reactions makes it valuable in creating fused ring systems for drug discovery.