Used primarily in organic synthesis, this compound serves as a key intermediate in the development of pharmaceuticals, particularly in the creation of compounds with potential neurological activity. Its structure is beneficial for constructing complex molecules that may interact with specific receptors in the brain, making it valuable in research aimed at treating disorders like anxiety, depression, or neurodegenerative diseases. Additionally, it is employed in the study of enzyme inhibition, where its unique spirocyclic framework can help in designing inhibitors for targeted therapeutic applications.