Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the creation of compounds targeting neurological disorders, as the piperidine moiety is often found in drugs affecting the central nervous system. Additionally, it is employed in the preparation of ligands for receptor studies, aiding in the exploration of potential therapeutic agents. Its versatility also extends to agrochemical research, where it contributes to the development of new pesticides and herbicides.