This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring a spirocyclic core, is particularly valuable in the development of compounds targeting central nervous system (CNS) disorders. It is often employed in the design and synthesis of potential therapeutic agents for conditions such as anxiety, depression, and neurodegenerative diseases. Additionally, its unique scaffold is explored in the creation of novel ligands for receptors and enzymes, contributing to drug discovery efforts aimed at identifying new treatments for complex diseases.