Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active agents. Its structure supports the creation of compounds with neuroactive properties, including potential use in antidepressants, antipsychotics, and cognitive enhancers. The compound is also employed in the preparation of selective receptor ligands due to its favorable binding characteristics. Commonly utilized in medicinal chemistry research for building complex molecules where a piperidine scaffold is required. Its ester functionality allows for further chemical modifications, enabling the formation of amides, acids, or other derivatives critical in drug design.