Used primarily as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structural features make it valuable in creating analogs for antipsychotic and antidepressant drugs. The compound's ability to interact with biological targets such as receptors and enzymes allows for optimization of pharmacokinetic properties in drug design. It is also employed in research settings to explore structure-activity relationships in piperidine-containing molecules.