Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of centrally acting agents targeting neurological disorders. Its spirocyclic structure provides conformational rigidity, making it valuable in drug design for enhancing selectivity and metabolic stability. Commonly employed in the preparation of dopamine or serotonin receptor modulators. Also utilized in research settings for generating novel piperidine-based compounds with potential cognitive-enhancing or antidepressant activities.