This compound is primarily utilized in pharmaceutical research and development, particularly in the study of central nervous system (CNS) disorders. It serves as a key intermediate or building block in the synthesis of various bioactive molecules, especially those targeting neurological pathways. Its spirocyclic structure makes it valuable for designing drugs with enhanced selectivity and potency. Researchers often employ it in the development of potential treatments for conditions like anxiety, depression, and neurodegenerative diseases. Additionally, it may be used in the exploration of novel receptor modulators due to its unique chemical framework, which can interact with specific biological targets. Its application is largely confined to laboratory settings, where it aids in advancing drug discovery efforts.