This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring both an iodo group and a piperidinylmethyl moiety, makes it a valuable building block for developing potential drug candidates, particularly in the design of small-molecule inhibitors targeting specific enzymes or receptors. It is often employed in the preparation of compounds with potential therapeutic applications, such as anti-inflammatory, anticancer, or antimicrobial agents. Additionally, its iodine atom allows for further functionalization through cross-coupling reactions, enabling the creation of diverse chemical libraries for drug discovery and optimization.