This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of pharmacologically active molecules. It is often employed in the development of drugs targeting central nervous system disorders, particularly those involving neurotransmitter regulation. The compound's unique structure allows it to interact with specific receptors in the brain, making it valuable for creating potential treatments for conditions such as anxiety, depression, and schizophrenia. Additionally, its spirocyclic framework contributes to enhanced metabolic stability, which is crucial for improving the pharmacokinetic properties of drug candidates. Researchers also explore its use in designing novel therapeutic agents with improved efficacy and reduced side effects.