This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological disorders. Its spirocyclic structure makes it a valuable scaffold for designing compounds that interact with specific receptors in the brain, such as those involved in pain management or mood regulation. Additionally, it has been explored for its potential in creating novel therapeutic agents for conditions like anxiety, depression, and neurodegenerative diseases. Its unique chemical framework allows for modifications that can enhance drug efficacy and selectivity.