This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of more complex molecules. Its structure, featuring a cyclopropyl group and a spirocyclic system, makes it valuable for developing pharmacologically active compounds. Researchers often employ it in the design and synthesis of potential drug candidates, particularly those targeting neurological and cardiovascular disorders. Its unique chemical framework allows for modifications that can enhance binding affinity and selectivity towards specific biological targets. Additionally, it is explored in the development of novel therapeutic agents due to its potential to interact with various receptors and enzymes in the body.