This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmacologically active molecules. Its unique spirocyclic structure makes it valuable for developing compounds that target central nervous system disorders, including anxiety, depression, and neurodegenerative diseases. Additionally, it is explored for its potential in creating novel therapeutics due to its ability to modulate specific receptors or enzymes involved in disease pathways. Researchers also investigate its use in designing drugs with improved bioavailability and reduced side effects, leveraging its structural features to enhance drug efficacy and selectivity.