This compound is primarily used in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure, featuring a spirocyclic system and a benzyl group, makes it a versatile building block for developing compounds with potential therapeutic effects. It is often explored in the design of drugs targeting the central nervous system, particularly for conditions like anxiety, depression, and neurodegenerative disorders. Additionally, its unique framework allows for modifications that can enhance binding affinity to specific receptors or enzymes, making it valuable in drug discovery and optimization processes. Researchers also utilize it in studies aimed at understanding the structure-activity relationships of bioactive molecules.