This compound is primarily utilized in pharmacological research due to its potential as a bioactive molecule. It has shown promise in studies focusing on neurological and psychiatric disorders, particularly as a modulator of specific receptor systems in the brain. Researchers investigate its effects on neurotransmitter activity, aiming to develop novel therapeutic agents for conditions such as anxiety, depression, or cognitive impairments. Its unique spirocyclic structure contributes to its ability to interact with biological targets, making it a valuable candidate for drug discovery and development. Additionally, it may serve as a reference compound in the synthesis of related analogs for further exploration of structure-activity relationships.