Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and analgesics. Its structure supports the creation of bioactive molecules due to the presence of a piperidine ring and ester functionality, making it valuable in medicinal chemistry for constructing drug candidates. Commonly employed in the preparation of selective receptor modulators, including those targeting pain management and neurological disorders. Also utilized in research settings for generating compound libraries in drug discovery programs.