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 and psychiatric disorders. Its structure is often incorporated into compounds designed to interact with receptors in the central nervous system, such as serotonin or dopamine receptors, making it valuable for developing treatments for conditions like depression, anxiety, and schizophrenia. Additionally, its spirocyclic and diazepine-like framework contributes to its use in creating compounds with enhanced stability and bioavailability, which are critical factors in pharmaceutical research.