This chemical is primarily used in organic synthesis as an intermediate in the production of pharmaceuticals. It plays a key role in the synthesis of various piperidine-based compounds, which are important in the development of drugs targeting the central nervous system. Its structure allows for further functionalization, enabling the creation of complex molecules with potential therapeutic applications. Additionally, it is utilized in research settings to study and develop new chemical entities with biological activity. The compound's stability and reactivity make it a valuable building block in medicinal chemistry.