This compound finds its primary application in the field of medicinal chemistry, particularly in the development of pharmaceuticals. It serves as a key intermediate in the synthesis of various biologically active molecules. Its unique spirocyclic structure makes it a valuable building block for creating compounds with potential therapeutic effects, especially in targeting neurological disorders and psychiatric conditions. Researchers utilize it to design and optimize drug candidates that interact with specific receptors or enzymes in the central nervous system. Additionally, its structural features are explored for their potential in enhancing drug efficacy, selectivity, and metabolic stability, contributing to the advancement of novel treatments for complex diseases.