This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure, featuring a spirocyclic system, makes it a valuable scaffold for designing molecules with potential biological activity. Researchers explore its applications in targeting neurological disorders, such as anxiety and depression, due to its ability to interact with specific receptors in the brain. Additionally, it is investigated for its role in modulating enzyme activity, which could lead to the development of treatments for metabolic diseases. The compound's unique framework also lends itself to studies in medicinal chemistry, where it is used to optimize pharmacokinetic properties and enhance drug efficacy.