This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its structure, featuring both a piperazine ring and a hydroxyl group, makes it valuable for designing molecules with potential biological activity. It is often employed in the development of drugs targeting neurological disorders, such as antipsychotics and antidepressants, due to its ability to interact with neurotransmitter systems. Additionally, it is used in the synthesis of compounds with anti-inflammatory or antimicrobial properties, contributing to advancements in medicinal chemistry. Its tert-butyl protecting group enhances stability during synthetic processes, making it a practical choice for complex multi-step reactions.