Primarily utilized in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structural features, including the piperidine ring and benzyl group, make it valuable for designing compounds with potential therapeutic effects, particularly in the central nervous system. It is often employed in the creation of drug candidates targeting neurological disorders, such as anxiety, depression, or pain management. Additionally, its reactive functional groups allow for further chemical modifications, enabling the development of diverse pharmacologically relevant compounds. Researchers also explore its use in the preparation of prodrugs or as a building block in medicinal chemistry to enhance drug delivery and efficacy.