Used as an intermediate in pharmaceutical synthesis, particularly in the development of bioactive molecules targeting central nervous system disorders. Its spirocyclic structure and functional groups make it valuable for constructing complex heterocyclic compounds with potential neuroprotective or cognitive-enhancing properties. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to its rigid framework, which helps optimize drug potency and metabolic stability. Also utilized in the preparation of selective receptor modulators, including those targeting serotonin and dopamine pathways.