This compound is utilized in pharmaceutical research as a key intermediate in the synthesis of various bioactive molecules. Its structure, featuring both amino and methoxy groups, makes it valuable for developing compounds with potential therapeutic properties, particularly in the design of drugs targeting neurological disorders or cancer. Additionally, it serves as a building block in organic synthesis, aiding in the creation of complex molecules for further study in medicinal chemistry. Its applications extend to material science, where it can be used in the development of specialized polymers or coatings with unique properties.