This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in pharmaceutical research. It serves as a key intermediate in the development of various bioactive molecules, including potential drug candidates targeting neurological disorders. Its structure is valuable in constructing piperidine-based frameworks, which are common in medicinal chemistry. Additionally, it is employed in the preparation of ligands for catalytic systems, aiding in asymmetric synthesis processes. Its stability and reactivity make it a versatile building block in organic synthesis, enabling the creation of diverse chemical entities for further exploration and development.