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 or cognitive-enhancing properties. The compound is valued in medicinal chemistry for enabling efficient construction of complex piperidine-based scaffolds found in drug candidates. It also serves in research settings for generating novel analogs during structure-activity relationship (SAR) studies.