This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate or building block in the synthesis of various biologically active molecules. Its structure, featuring a spirocyclic system, is particularly valuable in the development of compounds targeting the central nervous system (CNS). Researchers often explore its potential in creating drugs for neurological disorders, such as depression, anxiety, or neurodegenerative diseases. Additionally, its unique framework makes it a candidate for designing ligands that interact with specific receptors or enzymes, aiding in the discovery of novel therapeutic agents.