This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of chiral molecules. It serves as a key intermediate in the production of enantiomerically pure compounds, which are crucial for the development of drugs targeting specific biological pathways. Its structure, featuring a piperidine ring and a carbamate group, makes it valuable in the design of protease inhibitors and other therapeutic agents. Additionally, it is employed in the study of receptor-ligand interactions, aiding in the discovery of novel treatments for neurological disorders and other diseases. The hydrochloride salt form enhances its stability and solubility, facilitating its use in various experimental and industrial processes.