This compound is primarily utilized in organic synthesis as an intermediate in the production of various pharmaceuticals and bioactive molecules. Its structure, featuring both benzyl and tert-butyl ester groups, makes it a versatile building block for constructing complex piperidine derivatives, which are often key components in drug development. It is particularly valuable in the synthesis of compounds targeting neurological and cardiovascular disorders due to the piperidine moiety's prevalence in such drugs. Additionally, its ester groups allow for selective modifications, enabling chemists to tailor the molecule for specific applications in medicinal chemistry. The tert-butyl group also provides steric protection, which can be advantageous in multi-step synthetic processes.