Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its structure supports the design of bioactive molecules due to the presence of a piperidinyl and oxetane ring, which enhance blood-brain barrier penetration and metabolic stability. Commonly employed in medicinal chemistry for optimizing drug candidates targeting neurological disorders, including depression, pain, and neurodegenerative diseases. Also utilized in the preparation of kinase inhibitors and receptor modulators in research settings.