This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting the central nervous system. Its spirocyclic structure is of interest in designing compounds with potential therapeutic effects, such as antidepressants, anxiolytics, or antipsychotics. Researchers also explore its use in creating novel drug candidates due to its unique chemical framework, which can enhance binding affinity and selectivity to specific biological targets. Additionally, it may be employed in the study of receptor-ligand interactions to better understand neurological pathways and develop more effective treatments for mental health disorders.