Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for central nervous system (CNS) drugs. Its structure allows for modification into bioactive molecules, making it valuable in creating analgesics, antidepressants, and antipsychotic compounds. Commonly employed in medicinal chemistry for building nitrogen-containing heterocycles due to its stable piperidine core and functionalizable ethoxy group. Also utilized in research settings for designing novel drug candidates and optimizing pharmacokinetic properties such as solubility and metabolic stability.