Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and analgesics. Its piperidine backbone and protected alcohol functionality make it valuable in medicinal chemistry for constructing complex molecules with biological activity. Commonly employed in the preparation of receptor agonists and antagonists, especially those targeting neurological disorders. Also utilized in the design of protease inhibitors and other bioactive compounds due to its structural stability and ease of functionalization.