This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of more complex molecules. It plays a crucial role in the development of active pharmaceutical ingredients (APIs), particularly in the creation of drugs targeting neurological and psychiatric disorders. Its structural features, including the spirocyclic and piperidine components, make it valuable for designing compounds that interact with specific receptors in the brain. Additionally, it is employed in research settings for studying drug-receptor interactions and optimizing pharmacological properties. Its versatility in organic synthesis also makes it a key building block for developing novel therapeutic agents.