This compound is primarily utilized in biochemical research and pharmaceutical development. It serves as a key intermediate in the synthesis of more complex molecules, particularly those targeting neurological and psychiatric disorders. Its structure makes it valuable for studying amino acid metabolism and receptor interactions in the brain. Additionally, it is employed in the development of peptide-based drugs, where its chiral center and functional groups are crucial for designing compounds with specific biological activities. Researchers also use it to explore potential treatments for conditions like depression, anxiety, and neurodegenerative diseases due to its ability to modulate neurotransmitter systems.