Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its spirocyclic structure is particularly valuable in the development of drugs targeting neurological disorders, due to its ability to interact with specific receptors in the brain. Additionally, it has shown potential in the creation of anti-inflammatory and antimicrobial agents, making it a versatile component in medicinal chemistry. Researchers also explore its utility in designing novel therapeutic compounds for treating chronic diseases, leveraging its unique chemical framework to enhance drug efficacy and stability.