This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel therapeutic agents. Its spirocyclic structure makes it a valuable building block for designing molecules with potential biological activity. It is often employed in the creation of central nervous system (CNS) targeting drugs due to its ability to interact with specific receptors or enzymes in the brain. Additionally, it serves as a key intermediate in the production of compounds with potential applications in treating neurological disorders, such as anxiety, depression, or neurodegenerative diseases. Its unique chemical framework also allows for exploration in drug discovery programs aimed at addressing unmet medical needs.