This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of various pharmacologically active molecules. It is particularly valuable in the development of compounds targeting neurological disorders, where its piperazine moiety plays a crucial role in binding to specific receptors in the brain. Additionally, it is employed in the creation of potential anti-inflammatory and analgesic agents, leveraging its structural properties to enhance drug efficacy and selectivity. Its ethyl ester group also makes it a useful precursor in organic synthesis, facilitating the production of more complex molecules through ester hydrolysis or further chemical modifications.