Used in pharmaceutical synthesis, particularly as an intermediate in the development of central nervous system agents. Commonly employed in the production of antidepressants, antipsychotics, and analgesics due to its structural similarity to biologically active piperidine derivatives. Also utilized in the creation of kinase inhibitors and receptor modulators for research in neurodegenerative diseases. Its amine functionality allows for easy derivatization, making it valuable in medicinal chemistry for building complex drug-like molecules.