This compound is primarily utilized in pharmaceutical research as an intermediate in the synthesis of biologically active molecules. It plays a key role in the development of compounds targeting neurological and inflammatory disorders due to its structural features, which are conducive to interactions with specific receptors or enzymes. Its imidazole and piperidine moieties make it valuable for designing drugs with potential therapeutic effects. Additionally, it is used in organic synthesis to create more complex molecules for medicinal chemistry studies.