This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring a spirocyclic framework, makes it a valuable building block for developing compounds with potential therapeutic applications. It is often employed in the design and synthesis of drug candidates targeting central nervous system disorders, such as anxiety, depression, and neurodegenerative diseases. Additionally, its unique chemical properties enable its use in the development of enzyme inhibitors and receptor modulators, contributing to advancements in pharmaceutical research.