This compound is primarily used as an intermediate in the synthesis of more complex molecules, particularly in pharmaceutical research and development. It serves as a key building block in the production of active pharmaceutical ingredients (APIs) that target various therapeutic areas, including central nervous system disorders and infectious diseases. Its structure, featuring a piperazine ring and hydroxyl group, allows for versatile modifications, making it valuable in the design of drugs with specific biological activities. Additionally, it is utilized in the preparation of chiral compounds, where its stereochemistry plays a crucial role in achieving desired enantiomeric purity. Its application extends to the development of prodrugs and drug delivery systems, enhancing the bioavailability and efficacy of therapeutic agents.