This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its unique structure makes it a valuable intermediate in the creation of biologically active molecules, especially those targeting neurological disorders and cancer. Researchers leverage its spirocyclic and triazole components to design compounds with enhanced binding affinity and selectivity for specific protein targets. Additionally, it has shown potential in the development of enzyme inhibitors, which are critical in modulating biochemical pathways associated with various diseases. Its application extends to medicinal chemistry, where it is used to optimize pharmacokinetic properties and improve drug efficacy.