Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various drugs. Its unique spirocyclic structure makes it valuable in creating complex molecules with potential therapeutic effects. It is particularly relevant in the development of central nervous system (CNS) drugs, where its framework can enhance binding affinity and selectivity to target receptors. Additionally, it is employed in organic chemistry research for exploring novel reaction pathways and constructing structurally diverse compounds for drug discovery programs.