Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its spirocyclic structure and functional groups enable selective interactions with biological targets, enhancing drug potency and metabolic stability. Commonly employed in research settings to design central nervous system agents and anti-inflammatory drugs due to its favorable solubility and binding characteristics. Also utilized in medicinal chemistry for structure-activity relationship studies, helping optimize lead compounds for improved efficacy and safety profiles.