This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel therapeutic agents. Its unique spirocyclic structure makes it a valuable scaffold in medicinal chemistry, often explored for its potential biological activity. Researchers investigate its application in designing drugs targeting central nervous system disorders, such as anxiety, depression, and neurodegenerative diseases, due to its ability to interact with specific receptors or enzymes in the brain. Additionally, it is studied for its potential use in cancer therapy, where it may act as an inhibitor for certain proteins involved in tumor growth. Its versatility also extends to antimicrobial research, where it is evaluated for efficacy against resistant bacterial strains. Overall, this compound serves as a key intermediate in the development of diverse bioactive molecules.