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 biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structural features, including the benzophenone core and the spirocyclic moiety, make it a valuable scaffold for developing compounds with potential therapeutic effects. Researchers often explore its derivatives for their ability to modulate specific receptors or enzymes in the central nervous system, contributing to the development of novel drugs for conditions such as anxiety, depression, or neurodegenerative diseases. Additionally, its unique chemical structure allows for further modifications, enabling the creation of libraries of compounds for high-throughput screening in drug discovery programs.