Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of centrally acting agents. Its structure supports the formation of bioactive molecules due to the presence of functionalized piperidine ring, which is common in neuroactive drugs. The protected hydroxyl and ester groups allow selective deprotection and coupling reactions, making it valuable in multi-step organic synthesis, especially for creating peptidomimetics and receptor modulators. Commonly employed in research settings for drug discovery targeting neurological disorders.