This compound is primarily utilized in organic synthesis as a key intermediate for the development of more complex chemical structures. Its unique structure, featuring both amino and ester functional groups, makes it a versatile building block in the synthesis of pharmaceuticals, particularly in the creation of compounds with potential biological activity. It is often employed in the construction of heterocyclic compounds, which are crucial in medicinal chemistry for designing drugs targeting various diseases. Additionally, its thiophene moiety is of interest in materials science, where it can be incorporated into organic electronic materials or polymers for applications in semiconductors or conductive materials. Its reactivity allows for further functionalization, enabling researchers to tailor its properties for specific applications.