This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmacologically active molecules. Its structure, featuring a benzyl group and a piperidine ring, makes it a valuable building block for the development of compounds with potential therapeutic applications. Researchers often employ it in the synthesis of analogs and derivatives that target neurological disorders, as the piperidine moiety is commonly found in drugs affecting the central nervous system. Additionally, its ester functional group allows for further chemical modifications, enabling the creation of diverse chemical libraries for drug discovery and development.