This chemical is primarily used in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active compounds. Its structure, featuring a spirocyclic system, makes it valuable in the design of molecules targeting central nervous system disorders, such as neurological and psychiatric conditions. It is often employed in the creation of potential drug candidates due to its ability to modulate specific receptors or enzymes. Additionally, it serves as a building block in organic synthesis, contributing to the development of novel therapeutic agents with improved efficacy and selectivity.