This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmaceutical agents. Its unique spirocyclic structure makes it valuable for developing compounds with potential biological activity, particularly in the area of central nervous system (CNS) disorders. Researchers explore its derivatives for their efficacy in targeting neurological conditions such as anxiety, depression, and neurodegenerative diseases. Additionally, its fluorine moiety enhances its metabolic stability and bioavailability, making it a promising candidate for drug development. The compound is also studied for its potential application in creating novel anti-inflammatory and antimicrobial agents, broadening its utility in therapeutic research.