Used primarily as a research chemical in organic synthesis and medicinal chemistry, this compound serves as a building block for pharmaceuticals and biologically active molecules. Its structure allows for functionalization in various positions, making it useful in the development of new drug candidates. It has been explored in the study of central nervous system agents due to the presence of the piperidine ring, which is common in neuroactive compounds. Additionally, it may act as an intermediate in the preparation of ligands for receptor binding studies, particularly in serotonin and dopamine receptor research. Not intended for human use, it is handled under controlled laboratory conditions for analytical and synthetic purposes.