This chemical is primarily utilized in the field of medicinal chemistry as a building block for the synthesis of various pharmaceutical compounds. Its unique spirocyclic structure makes it a valuable intermediate in the development of drugs that target the central nervous system, particularly for conditions such as anxiety, depression, and neurodegenerative diseases. Additionally, it has been explored in the design of enzyme inhibitors and receptor modulators due to its ability to influence molecular interactions. Its application extends to research settings, where it is used to study the effects of spirocyclic compounds on biological systems, aiding in the discovery of novel therapeutic agents.