This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a valuable intermediate in the synthesis of various biologically active compounds, particularly those targeting neurological and psychiatric disorders. Its spirocyclic structure makes it a versatile building block for developing molecules with potential therapeutic applications, such as modulators of neurotransmitter systems. Researchers often employ it in the design and optimization of drug candidates, especially those aimed at treating conditions like depression, anxiety, and cognitive impairments. Additionally, its unique chemical framework is explored in the development of novel ligands for receptor binding studies, aiding in the understanding of complex biochemical pathways.