Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of central nervous system (CNS) drugs, where it can act as a precursor for compounds targeting neurological disorders. Additionally, it is explored for its potential in creating novel therapeutic agents due to its unique spirocyclic framework, which can enhance drug efficacy and selectivity. Researchers also investigate its role in modulating specific receptors or enzymes, making it a versatile tool in medicinal chemistry.