This compound is primarily utilized in pharmaceutical research and development as an intermediate in the synthesis of various biologically active molecules. Its structure, featuring both piperazine and tetrahydropyran moieties, makes it a valuable building block for designing drugs targeting neurological disorders, such as anxiety, depression, and schizophrenia. Additionally, it is employed in the preparation of compounds with potential anticancer and anti-inflammatory properties. Its versatility in organic synthesis allows for modifications that enhance drug efficacy and selectivity.