This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly those targeting the central nervous system. It serves as a key intermediate in the development of drugs that modulate neurotransmitter activity, potentially aiding in the treatment of neurological disorders such as Parkinson's disease, anxiety, and depression. Additionally, it is employed in organic chemistry research to create novel piperidine derivatives, which are valuable in the study of bioactive molecules and drug discovery. Its structural properties make it a versatile building block for constructing complex molecules with potential therapeutic applications.