This compound is primarily utilized in organic synthesis as a building block for the preparation of more complex molecules. It serves as a key intermediate in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs). Its structure, featuring both an amino group and an ester group, makes it versatile for various chemical transformations, such as peptide coupling reactions. Additionally, it is employed in the production of agrochemicals and fine chemicals, where its reactivity and stability under different conditions are advantageous. The hydrochloride form enhances its solubility and handling properties, making it suitable for use in laboratory and industrial settings.