This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of certain antihistamines and anticholinergic drugs, which are used to manage symptoms of allergies, motion sickness, and gastrointestinal conditions. Additionally, it plays a role in the development of chiral compounds due to its structural properties, enabling the creation of enantiomerically pure substances for more effective and targeted therapeutic applications. Its derivatives are also explored in research for potential use in treating neurodegenerative diseases, owing to their ability to modulate neurotransmitter activity.