Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and receptor modulators. Its structure supports the creation of bioactive molecules due to the presence of a piperidine ring and a protected alcohol group, making it valuable in medicinal chemistry for constructing drug candidates. Commonly employed in the preparation of protease inhibitors and neurological therapeutics. Also utilized in research settings for designing novel compounds with potential analgesic, anti-inflammatory, or cognitive-enhancing effects.