This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its unique spirocyclic structure makes it a valuable intermediate in the creation of molecules targeting central nervous system disorders, such as anxiety and depression. Additionally, it has shown potential in the development of treatments for chronic pain and neurodegenerative diseases due to its ability to interact with specific neurotransmitter systems. Researchers also explore its use in designing compounds with improved bioavailability and metabolic stability, enhancing the efficacy of therapeutic agents. Its role in medicinal chemistry continues to expand as new applications in drug discovery are identified.