This chemical is primarily used in organic synthesis as a building block for the preparation of various pharmaceutical compounds. It serves as a key intermediate in the development of drugs targeting the central nervous system, particularly in the synthesis of compounds with potential antipsychotic or neuroleptic properties. Additionally, it is utilized in research laboratories for the modification of piperidine derivatives, which are often explored for their biological activity. Its role in creating complex molecules makes it valuable in medicinal chemistry and drug discovery processes.