Used primarily in organic synthesis, Benzyl 1-piperazinecarboxylate serves as an intermediate in the production of various pharmaceuticals. It plays a key role in the development of compounds with potential therapeutic effects, particularly in the creation of drugs targeting the central nervous system. Its structure allows for modifications that can lead to the synthesis of molecules with specific biological activities, making it valuable in medicinal chemistry research. Additionally, it is utilized in the preparation of other piperazine derivatives, which are important in the design of new chemical entities for drug discovery.