This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various bioactive molecules, particularly those targeting neurological disorders. Its unique spirocyclic structure makes it valuable for designing drugs with enhanced selectivity and potency. Researchers often employ it in the synthesis of compounds that modulate neurotransmitter systems, potentially aiding in the treatment of conditions like depression, anxiety, and cognitive impairments. Additionally, its structural features are explored in the creation of novel chemical entities for drug discovery programs, where it contributes to the optimization of pharmacokinetic properties.