Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of centrally acting agents. Its structure supports the creation of compounds targeting neurological pathways, including antidepressants and antipsychotics. The presence of both hydroxyl and methoxymethyl groups allows for selective modifications, enhancing drug potency and bioavailability. Commonly utilized in medicinal chemistry for building complex piperidine-based molecules with improved metabolic stability.