Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds targeting neurological disorders. Shows potential in the development of serotonin receptor modulators, particularly 5-HT6 and 5-HT2A receptors, which are linked to cognitive function and psychiatric conditions. Also employed in medicinal chemistry for structure-activity relationship (SAR) studies due to its spirocyclic framework, enhancing metabolic stability and binding selectivity. Its derivatives are explored for treating Alzheimer’s disease, schizophrenia, and depression. Commonly used in early-stage drug discovery for lead optimization in central nervous system (CNS) therapies.