Used in pharmaceutical research, this compound is primarily explored for its potential as a building block in the synthesis of novel drugs. Its unique spirocyclic structure makes it valuable in developing molecules that target neurological disorders, such as anxiety, depression, and cognitive impairments. Researchers also investigate its role in modulating specific receptors or enzymes in the central nervous system, which could lead to the creation of more effective and targeted therapies. Additionally, its application extends to the study of chemical biology, where it helps in understanding complex biological pathways and interactions.