Used in pharmaceutical research as a key intermediate for the synthesis of biologically active compounds. Plays a significant role in the development of potential drug candidates, particularly in the field of medicinal chemistry. Its structure is valuable for creating spirocyclic compounds, which are often explored for their therapeutic properties. Commonly applied in the preparation of molecules targeting neurological disorders, cancer, and other diseases. Its versatility makes it a crucial building block in organic synthesis for designing novel drug-like molecules.