This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting neurological and psychiatric disorders. Its unique spirocyclic structure makes it a valuable scaffold for developing novel therapeutic agents, especially in the design of drugs that interact with central nervous system receptors. Additionally, it has been explored for its potential in creating anti-inflammatory and analgesic medications, owing to its ability to modulate specific enzymatic pathways. Researchers also investigate its use in the development of small molecule inhibitors for treating certain types of cancers, leveraging its structural complexity to enhance selectivity and efficacy.