This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various biologically active molecules. Its structure, featuring a piperidine ring and a carbamate group, makes it valuable for developing drugs targeting neurological disorders, such as Alzheimer's disease and other cognitive impairments. Additionally, it serves as a key building block in the preparation of protease inhibitors, which are crucial in antiviral therapies, particularly for HIV and hepatitis C. Its stereochemistry and functional groups allow for precise modifications, enabling the creation of compounds with enhanced efficacy and selectivity. Researchers also explore its potential in developing treatments for pain management and inflammation due to its interaction with specific receptors in the central nervous system.