This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its unique spirocyclic structure makes it valuable for constructing complex molecules, particularly those targeting neurological and psychiatric disorders. It is often employed in the development of drugs that modulate neurotransmitter systems, such as serotonin and dopamine receptors. Additionally, its azaspiro framework is explored in the design of compounds with potential anti-inflammatory and analgesic properties. Researchers also investigate its use in creating novel chemical entities for treating neurodegenerative diseases like Alzheimer's and Parkinson's.