Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of bioactive molecules due to the presence of both a hydroxyl and a protected amine group, enabling selective modifications. Commonly employed in the preparation of piperidine-based drug candidates, including those with analgesic, antipsychotic, or cognitive-enhancing activity. Also utilized in medicinal chemistry for scaffold diversification in high-throughput screening compounds.