This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its unique structure, featuring a benzophenone core and a dioxa-azaspiro moiety, makes it valuable for designing compounds with potential binding affinity to specific receptors or enzymes. Additionally, it is employed in the synthesis of photolabile protecting groups, which are crucial in controlled release applications in drug delivery systems. Its versatility also extends to materials science, where it can be used in the preparation of advanced polymers with specific optical or electronic properties.