This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of molecules targeting various biological pathways, such as enzyme inhibition or receptor modulation. Its structure, featuring both piperidine and pyrazole moieties, makes it valuable for designing compounds with potential therapeutic effects in areas like oncology, neurology, and infectious diseases. Additionally, it is often employed in medicinal chemistry for optimizing drug-like properties, including bioavailability and metabolic stability.