Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of neuroprotective agents and cognitive enhancers. Its spirocyclic structure and nitrogen-rich framework make it valuable in medicinal chemistry for designing compounds that interact with central nervous system receptors. It is also employed in the preparation of ligands for metal-catalyzed reactions, contributing to asymmetric synthesis in drug manufacturing. Additionally, its rigid molecular architecture supports research in novel psychotherapeutic drugs and agents targeting neurodegenerative diseases.