This compound is primarily utilized in the pharmaceutical and chemical research sectors as a key intermediate in the synthesis of biologically active molecules. It is often employed in the development of drugs targeting the central nervous system, particularly those related to neurological disorders. Its structure, featuring a benzylpiperidine moiety, makes it valuable for creating compounds with potential receptor-binding properties. Additionally, it is used in organic synthesis to introduce specific functional groups or chiral centers, aiding in the production of enantiomerically pure substances. Researchers also explore its applications in the design of protease inhibitors and other therapeutic agents due to its versatile chemical framework.