This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its unique spirocyclic structure makes it a valuable intermediate in the creation of biologically active molecules, often targeting neurological disorders or acting as a modulator for specific receptors. Researchers explore its potential in designing compounds with improved efficacy and selectivity for therapeutic applications. Additionally, it may serve as a building block in medicinal chemistry for developing treatments for conditions such as depression, anxiety, or other central nervous system-related diseases. Its role in drug discovery highlights its importance in advancing innovative therapies.