This compound is primarily utilized in pharmaceutical research and development due to its unique spirocyclic structure, which is often associated with biological activity. It serves as a key intermediate or building block in the synthesis of potential drug candidates, particularly those targeting neurological disorders or diseases involving receptor modulation. Its structural complexity allows for the exploration of novel therapeutic agents, especially in the design of small molecules that can interact with specific enzymes or receptors in the body. Additionally, it may be employed in medicinal chemistry studies to optimize pharmacokinetic properties or enhance drug efficacy.