This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of complex molecules. It is often employed in the preparation of biologically active compounds, particularly those targeting neurological and psychiatric disorders. Its structural features make it a valuable building block for creating spirocyclic frameworks, which are common in drug discovery due to their potential for enhanced selectivity and potency. Additionally, it is used in medicinal chemistry to explore new therapeutic agents, especially in the development of modulators for receptors or enzymes involved in disease pathways.