Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its structure allows for functionalization at multiple sites, making it valuable in the development of active ingredients in medicinal chemistry. Commonly employed in the synthesis of central nervous system agents due to the presence of the piperidine ring, which is a common motif in neuroactive drugs. Also utilized in the preparation of alkaloid derivatives and as a building block in the creation of more complex esters and amides for research purposes.