Used primarily in pharmaceutical research and development, this compound serves as an intermediate in the synthesis of more complex molecules. Its structure is particularly valuable in the creation of potential therapeutic agents, especially those targeting neurological disorders. The compound's unique spirocyclic and ketone functionalities make it a versatile building block for designing drugs with specific receptor-binding properties. Additionally, it is explored in the development of novel compounds for treating conditions like depression, anxiety, and other central nervous system-related diseases. Its application extends to organic synthesis, where it is utilized to construct intricate molecular architectures in medicinal chemistry.