Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active agents. It serves as a building block for drugs targeting neurological disorders, including antidepressants, antipsychotics, and analgesics. Its piperidine core with a benzyloxy substituent allows for structural diversity in drug design, enhancing binding affinity and selectivity toward various receptors. Commonly employed in medicinal chemistry for the preparation of potent sigma receptor ligands and dopamine reuptake inhibitors. Also utilized in the creation of novel compounds for research in neuropharmacology.