Used primarily in organic synthesis as an intermediate for pharmaceuticals, particularly in the development of central nervous system agents. It serves as a building block in the preparation of bioactive molecules, including potential analgesics and neuroactive compounds. Its structure allows for functionalization at multiple sites, making it valuable in medicinal chemistry research for exploring new drug candidates. Also utilized in the synthesis of piperidine-based derivatives with receptor affinity for dopamine, serotonin, or opioid systems.