This chemical is primarily used in organic synthesis as a building block or intermediate for the development of more complex molecules. Its unique spirocyclic structure makes it valuable in the design of pharmaceuticals, particularly in the creation of compounds with potential biological activity. It can also be employed in the synthesis of novel heterocyclic compounds, which are often explored for their therapeutic properties. Additionally, its reactive imino and carboxylate groups allow for further functionalization, making it a versatile reagent in medicinal chemistry and drug discovery research.