This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting neurological and anti-inflammatory pathways. Its unique spirocyclic structure makes it valuable for designing molecules with enhanced stability and specificity, which is crucial in drug discovery. Additionally, it has been explored for its potential application in the development of novel therapeutic agents for conditions such as neurodegenerative diseases and chronic pain management. Its role in creating innovative medicinal compounds highlights its importance in advancing modern pharmacology.