This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structural framework is often incorporated into drug candidates designed to modulate specific receptors or enzymes in the central nervous system, potentially offering therapeutic benefits for conditions such as anxiety, depression, or cognitive impairments. Additionally, its spirocyclic structure contributes to the development of compounds with enhanced stability and bioavailability, making it a valuable component in drug discovery and optimization processes.