Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds. It plays a role in developing potential therapeutic agents, particularly in the field of central nervous system (CNS) disorders. Its spirocyclic structure is valuable for creating molecules with enhanced binding affinity and selectivity, making it useful in drug discovery for conditions like anxiety, depression, and neurodegenerative diseases. Additionally, it contributes to the development of novel enzyme inhibitors and receptor modulators, aiding in the exploration of new treatment pathways.