This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its unique spirocyclic structure makes it a valuable building block for designing molecules with potential therapeutic properties, especially in the field of central nervous system (CNS) disorders. Researchers often explore its use in creating compounds that target receptors or enzymes involved in neurological conditions, such as anxiety, depression, or neurodegenerative diseases. Additionally, its chemical properties allow for further functionalization, enabling the development of more complex and targeted drug molecules. Its application is largely confined to laboratory settings, where it serves as a key intermediate in medicinal chemistry projects.