This chemical is primarily utilized in the field of medicinal chemistry as a versatile intermediate in the synthesis of various pharmacologically active compounds. Its structure allows for the development of molecules with potential therapeutic effects, particularly in the design of central nervous system (CNS) drugs. It serves as a key building block in the creation of piperidine derivatives, which are often explored for their analgesic, anti-inflammatory, and neuroprotective properties. Additionally, its functional groups make it a valuable precursor in the preparation of compounds targeting receptors or enzymes involved in neurological disorders. Researchers also leverage its reactivity to modify and optimize drug candidates for improved efficacy and bioavailability.