This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel therapeutic agents. Its structure is of interest in the design of molecules targeting the central nervous system, where it may act as a modulator for specific receptors or enzymes involved in neurological disorders. Additionally, it serves as a key intermediate in the production of compounds with potential applications in treating conditions such as depression, anxiety, or chronic pain. Its unique spirocyclic framework makes it a valuable scaffold for drug discovery, enabling the exploration of diverse biological activities and improving drug efficacy and selectivity.