This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active molecules. Its spirocyclic structure makes it a valuable building block for creating compounds with potential therapeutic applications, particularly in the fields of neurology and oncology. Researchers often employ it in the design of drug candidates targeting specific enzymes or receptors due to its ability to influence molecular conformation and binding affinity. Additionally, it is used in the development of novel chemical entities for drug discovery programs, where its unique scaffold can enhance the pharmacokinetic properties of the final drug molecule. Its role in medicinal chemistry underscores its importance in advancing new treatments for complex diseases.