This compound is primarily utilized in pharmaceutical research and development, particularly as a key intermediate in the synthesis of biologically active molecules. Its spirocyclic structure makes it valuable for creating compounds with potential therapeutic effects, especially in the field of central nervous system (CNS) disorders. It has been explored for its role in modulating specific receptors or enzymes involved in neurological pathways, potentially contributing to the development of treatments for conditions like depression, anxiety, or neurodegenerative diseases. Additionally, its unique chemical framework is leveraged in medicinal chemistry to optimize drug-like properties, such as bioavailability and stability, in early-stage drug discovery programs.