Used primarily as a pharmaceutical intermediate in the synthesis of active pharmaceutical ingredients (APIs), particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of more complex molecules with potential analgesic, antipsychotic, or cognitive-enhancing properties. The compound is also explored in medicinal chemistry for its role in building piperidine-based scaffolds, which are common in drug design due to their favorable pharmacokinetic profiles and ability to cross the blood-brain barrier. Additionally, it serves as a building block in the preparation of specialty chemicals for research and development in neuropharmacology.