This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure, featuring a spirocyclic framework, is particularly valuable in the development of compounds targeting neurological disorders. Researchers leverage its unique scaffold to design and optimize drugs that interact with specific receptors in the brain, such as those involved in pain management or cognitive enhancement. Additionally, its benzyl group provides opportunities for further chemical modifications, enabling the creation of derivatives with improved bioavailability and target specificity. This chemical is also explored in the development of novel therapeutic agents for treating conditions like depression, anxiety, and other central nervous system-related diseases. Its versatility makes it a valuable tool in drug discovery and development processes.