Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its unique spirocyclic structure makes it valuable in the development of new drugs targeting neurological disorders, such as anxiety and depression. Additionally, it has shown potential in the creation of compounds with anti-inflammatory and analgesic properties. Researchers also explore its utility in designing novel ligands for receptor studies, aiding in the understanding of complex biochemical pathways. Its versatility in medicinal chemistry underscores its importance in advancing therapeutic innovations.