This compound is primarily used in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. It serves as a key intermediate in the production of certain amino acid-based medications, which are essential for treating conditions like epilepsy and Parkinson's disease. Additionally, it is utilized in research laboratories for studying neurotransmitter activity and developing novel therapeutic agents. Its role in peptide synthesis also makes it valuable in creating bioactive peptides for medical applications.