This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active molecules. Its spirocyclic structure makes it a valuable building block for creating complex compounds, particularly in the design of drugs targeting neurological disorders and other therapeutic areas. It is often employed in medicinal chemistry to explore structure-activity relationships (SAR) and optimize drug candidates for improved efficacy and safety. Additionally, its stability and reactivity make it suitable for use in organic synthesis, enabling the creation of novel chemical entities with potential applications in drug discovery.