This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research due to its structural properties, which make it a valuable intermediate in the synthesis of various biologically active molecules. It is often employed in the development of compounds targeting the central nervous system, particularly in the design of ligands for receptors involved in neurological disorders. Its piperidine scaffold and functional groups allow for modifications that enhance binding affinity and selectivity, making it a key building block in the creation of potential therapeutic agents for conditions such as schizophrenia, depression, and anxiety. Additionally, its chiral centers enable the exploration of stereospecific interactions, which are crucial for optimizing drug efficacy and reducing side effects.