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 neurological disorders. Its unique spirocyclic structure makes it valuable for designing drugs that interact with specific receptors in the brain, such as those involved in mood regulation and cognitive function. Additionally, it is employed in the development of novel therapeutic agents for conditions like depression, anxiety, and neurodegenerative diseases. Its application extends to academic research, where it is used to study structure-activity relationships and optimize drug candidates for improved efficacy and safety.