Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structure supports the creation of potent analgesics and neuroactive drugs due to the presence of a piperidine ring and a phenyl group, which are common motifs in receptor-targeted therapies. It is also employed in the preparation of selective dopamine and sigma receptor ligands, making it valuable in research related to psychiatric and neurological disorders. Additionally, it serves as a building block in medicinal chemistry for designing novel drug candidates with improved bioavailability and target specificity.