Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and biologically active compounds. Its structure allows for further functionalization, making it valuable in the development of drug candidates, especially in the design of molecules with central nervous system activity. Commonly employed in the synthesis of alkaloids and other nitrogen-containing heterocycles. Also utilized in research settings for building blocks in medicinal chemistry due to the presence of both ester and amine functionalities, which are amenable to a variety of coupling and modification reactions.