Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various therapeutic agents. It is particularly valuable in the development of central nervous system (CNS) drugs, where its structural framework contributes to the creation of compounds targeting neurological disorders. Additionally, it is employed in the study of receptor binding activities, aiding in the understanding of interactions with specific neurotransmitter systems. Its role in medicinal chemistry extends to the exploration of potential treatments for conditions like depression, anxiety, and chronic pain. Researchers also utilize it to investigate the pharmacological properties of piperidine derivatives, contributing to advancements in drug discovery and development.