This compound is primarily utilized in organic synthesis as an intermediate for the preparation of more complex molecules. It serves as a key building block in the development of pharmaceuticals, particularly in the synthesis of compounds targeting the central nervous system. Its structure, featuring a piperidine ring, is valuable in designing drugs with potential therapeutic effects on neurological disorders. Additionally, it is employed in the creation of ligands for receptors and enzymes, aiding in the study of biochemical pathways and drug discovery. Its ester group also allows for further functionalization, making it versatile in medicinal chemistry research.