This compound is primarily utilized in the field of medicinal chemistry due to its unique structural features, which make it a promising candidate for drug development. Its spirocyclic framework and functional groups, such as the amino and carbonyl moieties, contribute to its potential biological activity. Researchers have explored its applications as a scaffold for designing inhibitors targeting specific enzymes or receptors, particularly in the treatment of neurological disorders and cancer. Additionally, its chromene and indoline components are known for their antioxidant and anti-inflammatory properties, making it a subject of interest in developing therapeutic agents for oxidative stress-related conditions. The compound’s versatility also extends to its use in organic synthesis, where it serves as an intermediate for constructing complex molecules with potential pharmacological significance.