This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of compounds targeting the central nervous system, where it can be incorporated into molecules designed to interact with neurotransmitter systems. Additionally, it serves as a key building block in the creation of spirocyclic compounds, which are known for their potential in drug discovery due to their unique three-dimensional shapes and ability to modulate biological targets effectively. Its application extends to research focused on developing new therapies for neurological disorders, including pain management and psychiatric conditions.