This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various bioactive compounds. Its unique spirocyclic structure makes it valuable for developing molecules with potential therapeutic applications, particularly in the field of central nervous system (CNS) disorders. Researchers leverage its structural framework to design and optimize drug candidates targeting receptors or enzymes involved in neurological pathways. Additionally, it serves as a building block in organic synthesis, enabling the creation of complex molecules for drug discovery and development. Its application is also explored in medicinal chemistry for the preparation of novel compounds with improved pharmacokinetic properties.