This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its spirocyclic structure is advantageous in drug design, as it can enhance binding affinity and selectivity to specific receptors or enzymes. Researchers often incorporate it into the development of potential therapeutic agents, such as inhibitors or modulators for central nervous system (CNS) targets. Additionally, its unique chemical framework makes it a valuable building block for creating novel compounds with improved pharmacokinetic properties.