Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active agents. Its structure supports the creation of compounds with neuroactive properties, including antipsychotics, antidepressants, and analgesics. Commonly employed in medicinal chemistry for building blocks in drug design due to the presence of both benzyl and piperidine moieties, which are known for their bioavailability and receptor binding capabilities. Also utilized in research settings for the preparation of novel receptor ligands and enzyme inhibitors.