This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate or building block in the synthesis of various biologically active compounds. Its unique spirocyclic structure makes it valuable for designing molecules that interact with specific biological targets, such as receptors or enzymes. It is often employed in the development of potential therapeutic agents, particularly for neurological disorders, due to its ability to mimic certain structural motifs found in natural ligands. Researchers also explore its use in creating novel drug candidates with improved efficacy and selectivity. Additionally, its application extends to chemical biology studies, where it aids in understanding molecular interactions and pathways.