Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active agents. Its spirocyclic structure provides conformational rigidity, making it valuable in drug design for enhancing selectivity and metabolic stability. Commonly employed in the preparation of dopamine and serotonin receptor modulators. Also utilized in research settings for scaffold development in medicinal chemistry due to its favorable physicochemical properties and ability to cross the blood-brain barrier.