Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active compounds. Its structure supports the creation of selective receptor modulators, including those targeting serotonin and dopamine receptors. Commonly employed in medicinal chemistry for constructing piperidine-based drug candidates with improved metabolic stability and bioavailability. Also utilized in the preparation of fluorinated analogs to enhance blood-brain barrier penetration in neuropharmacological agents.