This chemical 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 biologically active compounds, particularly those targeting neurological and psychiatric disorders. Its structure is often explored for potential activity in modulating receptors or enzymes in the central nervous system. Researchers investigate its derivatives for their potential as therapeutic agents in conditions such as anxiety, depression, or neurodegenerative diseases. Additionally, it may be used in the development of novel pharmaceuticals due to its unique spirocyclic and heterocyclic framework, which can enhance drug-like properties such as bioavailability and selectivity.