This compound is primarily used in the pharmaceutical industry as an intermediate in the synthesis of more complex molecules, particularly those targeting neurological and psychiatric disorders. Its structure, featuring a piperidine ring and protective groups, makes it valuable in the development of drugs that interact with the central nervous system. The benzyloxycarbonyl (Cbz) and tert-butyloxycarbonyl (Boc) groups serve as protecting groups for the amine functionality, allowing selective reactions during multi-step synthetic processes. It is often employed in the preparation of active pharmaceutical ingredients (APIs) for medications such as antidepressants, antipsychotics, and other neuroactive compounds. Additionally, its chiral nature makes it useful in the production of enantiomerically pure drugs, ensuring higher specificity and efficacy in therapeutic applications.