This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs targeting neurological disorders, including those related to the central nervous system. Its structure is valuable in creating molecules that interact with specific receptors or enzymes in the brain, aiding in the treatment of conditions such as anxiety, depression, or neurodegenerative diseases. Additionally, it is employed in medicinal chemistry research to explore new therapeutic agents, leveraging its piperidine and carbamate functional groups for enhanced biological activity and stability.