This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various biologically active molecules. Its unique spirocyclic structure makes it valuable for developing compounds with potential therapeutic effects, particularly in the design of drugs targeting the central nervous system. Researchers explore its application in creating novel agents for treating neurological disorders, such as anxiety, depression, and cognitive impairments. Additionally, its structural features are being investigated for their role in enhancing drug bioavailability and selectivity, making it a promising candidate for pharmaceutical innovation.