Used as an intermediate in pharmaceutical synthesis, particularly in the development of central nervous system (CNS) agents. Its piperidine backbone with a hydroxyl and benzyl carbamate group makes it valuable for constructing bioactive molecules. Commonly employed in the preparation of enzyme inhibitors and receptor modulators, especially in research targeting neurological disorders. Also utilized in medicinal chemistry for structure-activity relationship (SAR) studies due to its stereochemical and functional group versatility.