Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of bioactive molecules due to the presence of a tertiary amine and ester functional group, which are common in neuroactive drugs. Commonly employed in medicinal chemistry for building blocks in the design of receptor ligands, especially for neurological targets such as dopamine and serotonin receptors. Also utilized in the preparation of novel piperidine-based compounds for research in cognitive disorders and psychiatric conditions.