This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its unique spirocyclic structure makes it a valuable building block for developing compounds with potential therapeutic effects, particularly in the treatment of central nervous system disorders. Researchers often employ it in the design of molecules targeting specific receptors or enzymes involved in neurological pathways. Additionally, its structural features are explored in the development of drugs with potential applications in pain management, psychiatric conditions, and neurodegenerative diseases. The compound’s versatility also extends to its use in organic synthesis, where it serves as a precursor for creating complex molecules with diverse biological activities.