This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive molecules and drug candidates. Its structure, featuring both an amino group and a methoxyphenyl moiety, makes it a valuable building block for developing compounds with potential therapeutic effects, particularly in neurological and psychiatric disorders. Researchers explore its derivatives for their activity as receptor modulators or enzyme inhibitors, aiming to create new treatments for conditions like depression, anxiety, or cognitive impairments. Additionally, it may be used in peptide synthesis to study structure-activity relationships in biologically active peptides.