This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of compounds targeting the central nervous system (CNS), where its structural features are advantageous for modulating specific neurotransmitter systems. Researchers explore its potential in developing treatments for neurological disorders such as anxiety, depression, and pain management. Additionally, its spirocyclic structure makes it a valuable scaffold in medicinal chemistry for designing molecules with enhanced bioavailability and target specificity.