This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological disorders and cardiovascular diseases. Its unique structure, featuring a spirocyclic ring system, makes it valuable for designing compounds with enhanced binding affinity and selectivity towards specific receptors or enzymes. Researchers often employ it in the development of novel therapeutic agents, including inhibitors and modulators, to explore potential treatments for conditions such as depression, anxiety, and hypertension. Additionally, its application extends to the optimization of pharmacokinetic properties, such as stability and bioavailability, in drug candidates.