This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate or active pharmaceutical ingredient (API) in the synthesis of therapeutic agents, particularly those targeting neurological disorders. Its unique spirocyclic structure makes it valuable in designing molecules that interact with specific biological targets, such as enzymes or receptors in the central nervous system. Researchers often explore its potential in creating treatments for conditions like anxiety, depression, or cognitive impairments due to its ability to modulate neurotransmitter activity. Additionally, it may be employed in preclinical studies to evaluate its pharmacokinetic and pharmacodynamic properties, aiding in the development of novel drugs with improved efficacy and safety profiles.