Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of bioactive molecules with potential antipsychotic, antidepressant, or anxiolytic properties. The compound is also utilized in medicinal chemistry research for designing novel drug candidates due to its favorable binding characteristics with biological targets. Additionally, it serves as a building block in the preparation of fluorinated piperidine derivatives, which are important in improving metabolic stability and bioavailability in drug design.