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 design of molecules targeting central nervous system (CNS) disorders, such as anxiety, depression, and neurodegenerative diseases. Researchers leverage its structural framework to develop compounds with potential activity against specific receptors or enzymes in the brain. Additionally, it is employed in medicinal chemistry to optimize pharmacokinetic properties, such as bioavailability and metabolic stability, of drug candidates. Its application extends to the exploration of new therapeutic agents for various other conditions, including inflammation and pain management.