This compound is primarily utilized in the field of medicinal chemistry and drug discovery. It serves as a key intermediate in the synthesis of various pharmacologically active molecules, particularly those targeting enzymes or receptors involved in inflammatory and autoimmune diseases. Its structure, featuring a piperidine ring protected by a tert-butyl carboxylate (Boc) group and an N'-hydroxycarbamimidoyl (amidoxime) moiety, makes it valuable for designing inhibitors of metalloenzymes such as matrix metalloproteinases (MMPs) and histone deacetylases (HDACs). These enzymes play critical roles in processes like tissue remodeling, cancer progression, and gene expression regulation. Additionally, the tert-butyl group enhances the compound's stability and solubility, facilitating its use in organic synthesis and pharmaceutical formulations. Its application extends to the development of potential therapeutics for conditions such as cancer, arthritis, and neurodegenerative disorders.