Used primarily as an intermediate in the synthesis of pharmaceuticals, especially in the development of centrally acting agents targeting neurological pathways. Its spirocyclic structure and stereochemistry make it valuable in constructing bioactive molecules with high selectivity, particularly in the design of cognitive enhancers and treatments for neurodegenerative conditions. The compound's benzyl carbamate group facilitates protection during multi-step syntheses, allowing controlled functionalization of nitrogen atoms in complex drug architectures. It is also employed in medicinal chemistry research to explore structure-activity relationships in novel psychoactive compounds and receptor modulators.