This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. 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 leveraged in the development of compounds that interact with neurotransmitter systems, such as dopamine or serotonin receptors, making it valuable for creating potential treatments for conditions like depression, anxiety, and schizophrenia. Additionally, its spirocyclic framework is explored for its potential in designing novel drugs with improved metabolic stability and selectivity. Researchers also investigate its role in modulating enzyme activity, contributing to the development of enzyme inhibitors for therapeutic applications.