Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules with central nervous system activity. Its structure supports the creation of compounds with potential antipsychotic, antidepressant, or analgesic effects. Also employed in the preparation of functionalized piperidine derivatives for research in medicinal chemistry. The presence of two hydroxyl groups allows for further chemical modifications, making it valuable in designing drug candidates with improved solubility and binding properties.