This compound is primarily utilized in the pharmaceutical and biochemical research fields. It serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs), particularly those targeting neurological and cardiovascular disorders. Its structural features make it valuable for developing drugs that interact with specific enzymes or receptors in the body. Additionally, it is employed in the study of amino acid derivatives and their metabolic pathways, aiding in the understanding of biochemical processes. Researchers also use it to explore potential therapeutic applications in conditions like hypertension and neurodegenerative diseases.