Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of bioactive molecules with potential antipsychotic, antidepressant, or analgesic effects. Commonly employed in medicinal chemistry for modifying pharmacokinetic properties such as solubility and metabolic stability. Also utilized in the preparation of novel piperidine-based derivatives for research in neuropharmacology.