This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its unique spirocyclic structure makes it valuable for constructing complex molecules, particularly in the development of drugs targeting the central nervous system. It is often employed in the synthesis of compounds with potential therapeutic effects on neurological disorders, such as anxiety, depression, and cognitive impairments. Additionally, its structural features are explored in the design of novel bioactive molecules, contributing to advancements in medicinal chemistry and drug discovery.