Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of neuroactive agents and central nervous system (CNS) therapeutics. Its spirocyclic structure and nitrogen-containing ring make it valuable for designing molecules with enhanced binding affinity to neurological targets. It is employed in the preparation of experimental drugs aimed at treating cognitive disorders, depression, and epilepsy. The compound's rigid framework supports improved metabolic stability and selectivity in drug candidates, making it a useful scaffold in medicinal chemistry research.