Primarily utilized in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its unique spirocyclic structure makes it valuable in the design of novel drugs, particularly those targeting neurological disorders and psychiatric conditions. Additionally, it is employed in the development of small molecule inhibitors and modulators for therapeutic applications. The compound's versatility also extends to its use in organic synthesis, where it acts as a building block for complex molecules in medicinal chemistry. Its application in drug discovery highlights its importance in creating compounds with potential therapeutic benefits.