Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its structure allows for easy modification, making it valuable in creating bioactive molecules. Commonly employed in the development of central nervous system agents due to the presence of the piperidine ring, which is frequently found in neuroactive compounds. Also utilized in the synthesis of certain local anesthetics and antipsychotic drugs. Serves as a building block in medicinal chemistry for designing new drug candidates with improved solubility and binding properties.