This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of various pharmacologically active molecules. Its structure, featuring a piperidine ring, makes it a valuable building block for developing compounds targeting the central nervous system. It is often employed in the creation of potential drugs for neurological disorders, including analgesics, antipsychotics, and antidepressants. Additionally, its benzyl and ester functional groups allow for further chemical modifications, enabling researchers to optimize drug candidates for improved efficacy and bioavailability. Its role in drug discovery highlights its importance in the development of novel therapeutic agents.