This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. It serves as a building block for developing drugs that target the central nervous system, particularly in the creation of compounds with potential antipsychotic or neuroleptic properties. Its structure, featuring a benzylpiperidine moiety, is often incorporated into molecules designed to interact with neurotransmitter receptors, such as dopamine or serotonin receptors, making it valuable in the development of treatments for psychiatric and neurological disorders. Additionally, it may be explored in the design of ligands for other therapeutic targets due to its versatile chemical framework.