This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate or building block in the synthesis of various pharmaceutical agents, particularly those targeting neurological and psychiatric disorders. Its structural features make it suitable for designing molecules that interact with specific receptors or enzymes in the central nervous system, potentially leading to the development of treatments for conditions such as anxiety, depression, or cognitive impairments. Additionally, its spirocyclic structure provides a unique scaffold for optimizing drug-like properties, including bioavailability and metabolic stability. Researchers also explore its potential in creating novel therapeutic candidates for other diseases, leveraging its chemical versatility and pharmacological relevance.