This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting the central nervous system. Its structural framework is often incorporated into the development of potential therapeutic agents for neurological disorders, such as depression, anxiety, and neurodegenerative diseases. Researchers also explore its utility in designing ligands for specific receptors, aiding in the discovery of novel drugs with improved efficacy and selectivity. Additionally, its spirocyclic nature makes it a valuable scaffold in organic synthesis, enabling the creation of complex molecules with diverse biological activities.