This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting central nervous system disorders. Its unique spirocyclic structure makes it a valuable scaffold for developing novel drug candidates with potential therapeutic effects. Researchers explore its derivatives for their ability to modulate specific enzymes or receptors, which could lead to treatments for conditions such as anxiety, depression, or neurodegenerative diseases. Additionally, its carbonitrile group enhances its reactivity, making it a versatile building block in organic synthesis for creating complex molecules with potential pharmacological applications.