Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs) that require piperidine-based structures. Its hydroxyethoxy functional group allows for further chemical modifications, making it valuable in creating drug candidates with improved solubility and bioavailability. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies, especially in central nervous system (CNS)-targeted therapies. Also utilized in the preparation of prodrugs and functionalized polymers for drug delivery systems.