This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting neurological and psychiatric disorders. It serves as a key intermediate in the production of selective inhibitors for enzymes and receptors involved in these conditions. Its structural features, including the piperidine ring and hydroxyl group, make it valuable for creating molecules with specific biological activity. Additionally, it is employed in research settings for studying the structure-activity relationships of potential therapeutic agents, aiding in the optimization of drug candidates for enhanced efficacy and reduced side effects.