This chemical is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate or building block in the synthesis of various biologically active compounds. Its unique spirocyclic structure makes it valuable for designing molecules that target specific enzymes or receptors, particularly in the development of central nervous system (CNS) drugs. Researchers often explore its potential in creating novel therapeutics for neurological disorders, such as anxiety, depression, or neurodegenerative diseases. Additionally, its structural features are of interest in the development of small-molecule inhibitors for treating cancer or inflammatory conditions. The compound’s versatility allows it to be modified to enhance drug-like properties, such as bioavailability and metabolic stability.