This compound is primarily utilized in pharmaceutical research and development, particularly in the design of novel therapeutic agents. Its unique structure makes it a valuable scaffold in medicinal chemistry, often explored for its potential biological activity. Researchers investigate its application in targeting specific enzymes or receptors, which could lead to the development of new drugs for treating neurological disorders, inflammation, or infectious diseases. Additionally, its spirocyclic framework is of interest in the synthesis of compounds with enhanced stability and bioavailability, making it a promising candidate for drug discovery programs.