Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of bioactive compounds targeting central nervous system disorders. Its structural framework supports the development of ligands for neurotransmitter receptors, making it valuable in medicinal chemistry for drug discovery. Commonly employed in the preparation of cognition-enhancing agents and treatments for neurological conditions due to its ability to mimic natural amine signaling molecules. Also utilized in the construction of complex heterocyclic systems through selective functionalization of the amino and carboxylate groups.