This compound is primarily utilized in pharmaceutical research due to its potential biological activity. It is often explored for its role as a key intermediate in the synthesis of various therapeutic agents. Researchers focus on its application in developing drugs targeting neurological disorders, given its structural similarity to compounds that interact with central nervous system receptors. Additionally, it is studied for its potential anti-inflammatory and antimicrobial properties, making it a candidate for treating infections and inflammatory conditions. Its unique spirocyclic structure also makes it valuable in medicinal chemistry for designing molecules with enhanced stability and specificity.