This compound is primarily utilized in pharmaceutical research and development, particularly in the field of medicinal chemistry. It serves as a key intermediate or building block in the synthesis of biologically active molecules. Its structure, featuring both piperidine and pyridine moieties, makes it valuable for designing compounds that interact with central nervous system (CNS) targets, such as receptors or enzymes involved in neurological disorders. Researchers often explore its potential in creating drugs for conditions like Alzheimer's disease, Parkinson's disease, or other CNS-related ailments. Additionally, its oxadiazole core is known for its role in enhancing the pharmacokinetic properties of drug candidates, such as bioavailability and metabolic stability.