Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of drugs targeting neurological disorders, such as anxiety and depression, due to its ability to modulate specific receptors in the brain. Additionally, it has shown potential in the creation of anti-inflammatory and analgesic agents, making it a versatile component in medicinal chemistry. Researchers also explore its utility in designing enzyme inhibitors, which could lead to novel treatments for metabolic diseases. Its unique spirocyclic framework contributes to its stability and bioavailability, enhancing its efficacy in drug formulations.