Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of antidiabetic and antihypertensive drugs. 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 development of thiophene-based bioactive molecules and agrochemicals. Its reactivity allows for easy modification in drug discovery processes, making it valuable in medicinal chemistry research.