This compound is primarily utilized in pharmaceutical research as an intermediate in the synthesis of biologically active molecules. Its spirocyclic structure makes it a valuable scaffold for developing drugs targeting central nervous system disorders, particularly those involving neurological pathways. It is often explored for its potential in creating modulators of receptors or enzymes associated with conditions like anxiety, depression, or neurodegenerative diseases. Additionally, its unique chemical framework allows for further functionalization, enabling researchers to optimize pharmacokinetic properties and enhance therapeutic efficacy in drug discovery programs.