Used primarily in organic synthesis as an intermediate for the production of more complex chemical compounds. It is often employed in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs) due to its reactive amino and ester functional groups. Additionally, it finds application in the synthesis of dyes and pigments, where its structure contributes to the formation of colorants with specific properties. Its ethoxy group enhances solubility in organic solvents, making it useful in various chemical reactions and formulations.