This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of more complex molecules. It plays a crucial role in the development of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. Its structure, featuring a piperidine ring and a fluorobenzyl group, makes it a valuable building block for creating compounds with potential antipsychotic or anxiolytic properties. Additionally, it is used in research settings to explore new therapeutic agents for conditions like schizophrenia, anxiety, and depression. The tert-butoxycarbonyl (Boc) protecting group enhances its stability during synthetic processes, ensuring efficient and selective reactions in multi-step drug synthesis.