Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports binding to specific enzyme targets, making it valuable in drug discovery. Also utilized in research for central nervous system agents due to its piperidine ring with hydroxy group and substituted phenyl features, which enhance blood-brain barrier penetration. Commonly employed in medicinal chemistry for optimizing lead compounds with improved potency and selectivity, including applications in pain management, depression, and psychiatric disorders via neurotransmitter receptor modulation.