This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex molecules. It serves as a key building block in the pharmaceutical industry for the synthesis of various active pharmaceutical ingredients (APIs), particularly those targeting neurological and cardiovascular diseases. Its structure, featuring a piperidine ring and hydroxyl group, makes it a versatile precursor in the design of drugs that interact with biological receptors. Additionally, it is employed in the preparation of chiral compounds, where its stereochemistry plays a crucial role in achieving desired enantioselectivity in drug candidates. The tert-butyl group enhances stability, making it suitable for use in multi-step synthetic processes.