Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its unique spirocyclic structure makes it valuable in the creation of compounds targeting the central nervous system, particularly for neurological disorders. It is also explored in the development of potential treatments for conditions like anxiety, depression, and other psychiatric disorders due to its ability to interact with specific neurotransmitter systems. Additionally, its application extends to the study of receptor modulation and drug discovery processes, where it aids in understanding molecular interactions and optimizing therapeutic efficacy.