Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of centrally acting agents. Its structure allows for selective modification of piperidine-based molecules, making it valuable in medicinal chemistry for creating analogs with improved bioavailability and receptor selectivity. Commonly employed in the preparation of neuroactive drugs, including those targeting pain management and neurological disorders. The iodomethyl group serves as a reactive handle for further functionalization via cross-coupling reactions or nucleophilic substitution, enabling efficient derivatization in multi-step syntheses.