This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting neurological and psychiatric disorders. Its unique spirocyclic structure makes it valuable for developing compounds with potential therapeutic effects on the central nervous system. Researchers explore its derivatives for their efficacy in treating conditions such as anxiety, depression, and neurodegenerative diseases. Additionally, its fluorinated moiety enhances its metabolic stability and bioavailability, making it a promising candidate for drug development.