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, including those with potential antipsychotic, antidepressant, or cognitive-enhancing effects. The compound is valuable in medicinal chemistry for constructing piperidine-based derivatives, which are common scaffolds in drug design due to their favorable pharmacokinetic properties and ability to cross the blood-brain barrier. It is also employed in research settings for generating novel compounds in structure-activity relationship (SAR) studies.