Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. It serves as a building block for drugs targeting neurological disorders due to its structural similarity to bioactive piperidine derivatives. Its hydroxyl and amino functional groups allow for further chemical modifications, enabling the creation of more complex molecules with potential therapeutic effects. Commonly employed in research settings for the preparation of serotonin or dopamine receptor modulators. Also utilized in the production of specialty chemicals requiring chiral piperidine scaffolds.