Used as a key intermediate in the synthesis of various pharmaceutical compounds, particularly in the development of central nervous system (CNS) drugs. Its unique spirocyclic structure makes it valuable for designing molecules that target specific receptors in the brain, potentially aiding in the treatment of neurological disorders. Additionally, it serves as a building block in organic chemistry for creating complex structures with potential biological activity. Its applications extend to research and development in medicinal chemistry, where it is explored for its potential in drug discovery and optimization.