Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules and central nervous system agents. Its spirocyclic structure and nitrogen-rich ring system make it valuable in medicinal chemistry for constructing novel heterocyclic compounds. Commonly employed in the preparation of selective enzyme inhibitors and receptor modulators due to its conformational rigidity and ability to enhance binding affinity. Also utilized in research settings for the design of new drug candidates targeting neurological disorders and metabolic diseases.