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 unique spirocyclic structure makes it valuable for developing compounds with enhanced selectivity and potency for specific receptors or enzymes. Researchers often employ it in the design and optimization of drug candidates, especially for conditions like depression, anxiety, and neurodegenerative diseases. Additionally, its stability and reactivity make it a versatile building block in organic synthesis, enabling the creation of complex molecular architectures for drug discovery programs.