This compound is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceuticals. It serves as a key intermediate in the synthesis of various bioactive molecules, including potential drug candidates targeting the central nervous system. Its structure, featuring a piperidine ring and a carbamate group, makes it valuable for modifying and enhancing the pharmacokinetic properties of therapeutic agents. Additionally, it is employed in research settings for the preparation of compounds used in studying receptor interactions and enzyme inhibition, contributing to advancements in medicinal chemistry and drug discovery.