This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its spirocyclic structure makes it valuable for creating compounds with potential therapeutic effects, such as antidepressants or antipsychotics. Additionally, it is employed in the study of structure-activity relationships (SAR) to optimize drug efficacy and selectivity. Its unique framework also contributes to advancements in medicinal chemistry by enabling the exploration of novel drug candidates.