Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the creation of compounds targeting neurological and psychiatric disorders, such as anxiety and depression. Its spirocyclic structure makes it a versatile building block for designing drugs with improved selectivity and efficacy. Additionally, it is employed in the development of receptor modulators, aiding in the study of neurotransmitter systems and potential therapeutic applications.