Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents. Its structure supports the creation of bioactive molecules due to the presence of both piperidine and aromatic ether functionalities. Commonly employed in research settings for designing compounds with potential analgesic, antipsychotic, or antidepressant activity. Also utilized in the preparation of novel receptor ligands for neurological targets. Limited to laboratory and industrial R&D; not used directly as a therapeutic agent.