This compound is primarily utilized in pharmaceutical research as a key intermediate in the synthesis of biologically active molecules. Its spirocyclic structure makes it a valuable building block for developing compounds with potential therapeutic applications, particularly in the field of central nervous system (CNS) disorders. It is often employed in the design of drugs targeting receptors or enzymes involved in neurological pathways, such as those related to anxiety, depression, or neurodegenerative diseases. Additionally, its unique chemical framework is explored in medicinal chemistry for creating novel compounds with improved selectivity and efficacy. Researchers also investigate its potential in optimizing pharmacokinetic properties, such as bioavailability and metabolic stability, in drug development pipelines.