Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and receptor modulators. Its structure supports the creation of bioactive molecules due to the presence of both a hydroxymethyl group and a protected amine, enabling further functionalization. Commonly employed in medicinal chemistry for constructing piperidine-based drug candidates, including those targeting neurological disorders and pain management. Also utilized in the preparation of selective enzyme inhibitors and receptor agonists or antagonists.