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 structural features make it suitable for developing compounds that interact with specific receptors or enzymes in the central nervous system. Researchers explore its potential in creating drugs for conditions such as anxiety, depression, and cognitive impairments. Additionally, its unique spirocyclic structure is valuable for optimizing drug-like properties, including stability and bioavailability, in drug discovery programs.