This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate or building block in the synthesis of complex molecules, particularly those targeting neurological disorders. Its unique structure, which includes a spirocyclic system and a carboxylic acid group, makes it valuable for designing compounds that interact with specific receptors or enzymes in the brain. Researchers often explore its potential in developing treatments for conditions such as depression, anxiety, or neurodegenerative diseases. Additionally, its structural features may contribute to enhancing the bioavailability or stability of pharmaceutical agents.