This chemical is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various pharmaceutical compounds, particularly those targeting neurological and psychiatric disorders. Its unique spirocyclic structure makes it a valuable building block for designing molecules with specific biological activities. Researchers often incorporate it into the development of potential drugs that interact with receptors or enzymes in the central nervous system, aiming to treat conditions such as anxiety, depression, or neurodegenerative diseases. Additionally, its structural features are explored for creating novel therapeutic agents with improved efficacy and reduced side effects.