Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the creation of piperidine-based compounds, which are often explored for their potential therapeutic effects. It is also employed in organic synthesis to introduce the piperidine moiety into more complex chemical structures. Additionally, it finds application in the study of enzyme inhibitors and receptor modulators, aiding in the discovery of new drugs targeting neurological and metabolic disorders.