This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of spirocyclic compounds. Its unique spirocyclic structure makes it valuable for constructing complex molecular frameworks, which are often explored for their potential therapeutic properties. Researchers leverage its carboxylic acid and amino functional groups to modify and create derivatives that can be screened for activities such as enzyme inhibition or receptor modulation. Its application is particularly relevant in the design of novel drugs targeting neurological disorders, infectious diseases, or metabolic conditions. Additionally, it may be used in material science for the development of specialized polymers or coatings due to its structural rigidity and functional versatility.