Used in organic synthesis as an intermediate for pharmaceuticals, particularly in the development of central nervous system agents. Shows potential in the creation of bioactive molecules due to the thiophene and piperidine moieties, which are common in neuroactive and psychiatric drugs. Also employed in research settings for designing novel compounds with receptor affinity, especially in dopamine and serotonin receptor studies. Its structure supports use in medicinal chemistry for building blocks in heterocyclic compound libraries.