This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. Its structure, featuring a spirocyclic framework, makes it valuable in the development of drugs targeting the central nervous system (CNS). It is often employed in the creation of compounds with potential antidepressant, anxiolytic, or antipsychotic properties. Additionally, its piperidine moiety contributes to its role in the design of molecules that interact with neurotransmitter receptors, such as serotonin or dopamine receptors, enhancing its applicability in treating neurological and psychiatric disorders. Researchers also explore its use in the development of novel analgesics and anti-inflammatory agents due to its unique chemical scaffold.