Used in organic synthesis as a building block for pharmaceuticals and bioactive compounds. Its spirocyclic structure and functional groups make it valuable in developing novel drug candidates, particularly in medicinal chemistry research targeting central nervous system disorders. The alkyne and hydroxyl groups allow for further chemical modifications via click chemistry or coupling reactions, enabling rapid diversification for structure-activity relationship studies. Also explored in the design of enzyme inhibitors due to its rigid scaffold that can mimic peptide motifs.