Used primarily as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its spirocyclic structure and functional groups make it valuable in medicinal chemistry for designing molecules with improved metabolic stability and receptor selectivity. It is also employed in research settings to explore new bioactive compounds, especially those targeting neurological disorders such as anxiety, depression, and epilepsy. The compound's rigid framework aids in conformational restriction, which can enhance potency and reduce off-target effects in drug candidates.