This compound is primarily utilized in pharmaceutical research and development, particularly in the design and synthesis of novel therapeutic agents. Its unique structure, featuring a spirocyclic core and multiple functional groups, makes it a valuable scaffold for targeting specific biological pathways. It is often explored for its potential in treating diseases related to the central nervous system, such as neurological disorders or psychiatric conditions, due to its ability to interact with receptors or enzymes in the brain. Additionally, its chemical properties may lend themselves to applications in oncology, where it could be investigated for its role in inhibiting cancer cell growth or modulating immune responses. Researchers also study its pharmacokinetic properties to optimize drug delivery and efficacy.