This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in pharmaceutical research and development. It serves as a key intermediate in the production of various bioactive molecules, including potential drug candidates. Its structure allows for further functionalization, making it valuable in constructing piperidine-based frameworks, which are common in medicinal chemistry. Additionally, it is employed in the development of inhibitors and modulators for biological targets, contributing to advancements in therapeutic areas such as neurology and oncology. Its versatility in organic synthesis also makes it useful in academic and industrial laboratories for exploring novel chemical reactions and pathways.