This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of antihistamines and other therapeutic agents. Its structure, featuring a piperidine ring and hydroxyl groups, makes it suitable for developing drugs that target allergic reactions and inflammatory conditions. It is also explored in research for its potential role in modulating histamine receptors, which could lead to treatments for conditions like allergies, asthma, and dermatitis. Additionally, its unique chemical properties are being studied for applications in designing novel compounds with improved efficacy and reduced side effects in medicinal chemistry.