Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of potential therapeutic agents targeting neurological disorders, such as depression and anxiety. Researchers leverage its spirocyclic framework to design compounds that interact with specific receptors in the brain, aiming to modulate neurotransmitter activity. Additionally, it finds utility in medicinal chemistry for exploring novel drug candidates with enhanced efficacy and reduced side effects. Its role in the development of central nervous system (CNS) drugs highlights its importance in advancing treatments for complex mental health conditions.