This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its unique spirocyclic structure makes it a valuable intermediate in the creation of molecules targeting the central nervous system. It has shown potential in the development of treatments for neurological disorders, such as anxiety, depression, and cognitive impairments. Additionally, its chemical framework is being explored for its role in modulating specific receptors or enzymes involved in disease pathways. Researchers also investigate its use in creating analogs with improved bioavailability and therapeutic efficacy. Its application extends to medicinal chemistry, where it serves as a scaffold for designing compounds with enhanced pharmacological properties.