This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structure, featuring a trifluoromethylphenoxy group, is often incorporated into compounds designed to interact with specific receptors in the brain, such as serotonin or dopamine receptors. This makes it valuable in the development of potential therapeutics for conditions like depression, anxiety, and schizophrenia. Additionally, its piperidine moiety contributes to its ability to enhance the pharmacokinetic properties of drug candidates, improving their absorption and distribution within the body. Researchers also explore its use in creating novel ligands for studying receptor mechanisms and signaling pathways in neuroscience.