Widely used 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 drugs targeting neurological disorders, particularly those involving the central nervous system. Researchers utilize it to create potential therapeutic agents for conditions like depression, anxiety, and cognitive impairments. Additionally, its structural framework is explored in the design of novel compounds with potential antimicrobial and antiviral properties. The compound’s versatility in medicinal chemistry highlights its significance in advancing drug discovery and development efforts.