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 building block for creating molecules with potential therapeutic properties. It is often explored in the design of central nervous system (CNS) drugs, including those targeting neurological disorders such as anxiety, depression, and neurodegenerative diseases. Additionally, its chemical framework is investigated for its potential in modulating receptors or enzymes involved in various biological pathways. Researchers also study its derivatives for their pharmacokinetic properties, aiming to improve drug efficacy and stability.