Used primarily in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various therapeutic agents. Its unique spirocyclic structure makes it valuable in the development of drugs targeting neurological disorders, particularly those involving modulation of neurotransmitter systems. It is also explored in the creation of anti-inflammatory and analgesic medications due to its potential interactions with specific enzyme pathways. Researchers utilize it to design compounds with improved bioavailability and targeted action, contributing to advancements in medicinal chemistry. Additionally, its application extends to the study of enzyme inhibition mechanisms, aiding in the discovery of novel treatments for complex diseases.