Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and biologically active compounds. Its structure supports the development of central nervous system agents due to the presence of a piperidine ring and a hydroxyl group, which can enhance binding to neurological targets. Commonly employed in the synthesis of analgesics, antipsychotics, and other neuroactive drugs. Also utilized in research settings for the development of novel therapeutic agents and in the preparation of chiral building blocks for asymmetric synthesis.