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 developing novel therapeutic agents, particularly in the field of central nervous system disorders. Researchers leverage its chemical properties to create potential drugs targeting neurological conditions such as anxiety, depression, and epilepsy. Additionally, its sulfur-containing moiety is explored for applications in designing enzyme inhibitors, contributing to advancements in medicinal chemistry and drug discovery.