This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structural features, including the azaspiro ring system and benzyl substituent, make it a valuable building block for developing compounds with potential biological activity. It is often explored in the design of drugs targeting central nervous system disorders, such as anxiety, depression, and neurodegenerative diseases, due to its ability to interact with neurotransmitter systems. Additionally, its amine functionality allows for further chemical modifications, enabling the creation of derivatives with enhanced pharmacological properties. Researchers also investigate its role in the development of enzyme inhibitors and receptor modulators, contributing to advancements in drug discovery and therapeutic applications.