Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the creation of compounds targeting neurological disorders, such as Alzheimer's disease and other cognitive impairments. The tert-butyl group enhances stability, while the piperidine moiety contributes to receptor binding affinity, making it a crucial component in drug discovery. Additionally, it is employed in the preparation of chiral catalysts and ligands for asymmetric synthesis, aiding in the production of enantiomerically pure substances. Its hydrochloride form ensures improved solubility, facilitating its use in aqueous reaction environments.