This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug compounds. Its unique spirocyclic structure makes it a valuable intermediate in the creation of molecules with potential therapeutic applications. It is often explored in the design of central nervous system (CNS) drugs, including those targeting neurological disorders such as depression, anxiety, or neurodegenerative diseases. Additionally, its amine and ester functional groups allow for further chemical modifications, enabling researchers to develop derivatives with enhanced biological activity or improved pharmacokinetic properties. The compound is also studied for its potential role in creating inhibitors for specific enzymes or receptors, contributing to the development of targeted therapies.