This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting neurological and psychiatric disorders. Its spirocyclic structure makes it a valuable scaffold for developing molecules with potential therapeutic effects, such as antipsychotic or antidepressant agents. Researchers also explore its use in creating ligands for receptors in the central nervous system, aiding in the study of neurological pathways and drug discovery. Additionally, it may be employed in the development of novel drugs for treating conditions like anxiety, depression, or schizophrenia due to its unique chemical properties.