Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules and drug candidates targeting central nervous system disorders. Its structure allows for selective functionalization at multiple sites, making it valuable in medicinal chemistry for building complex heterocyclic systems. Commonly employed in the preparation of piperidine-based derivatives, which are prevalent in neuropharmacological agents such as antidepressants, antipsychotics, and cognitive enhancers. Also utilized in research settings for library generation in high-throughput screening and structure-activity relationship (SAR) studies.