This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceuticals. Its unique spirocyclic structure makes it a valuable building block for developing drugs with potential biological activity. It is often employed in the creation of compounds targeting neurological disorders, as the spirocyclic framework can interact with specific receptors in the central nervous system. Additionally, its carboxylic acid group allows for further chemical modifications, enabling the development of derivatives with enhanced pharmacological properties. Researchers also explore its use in designing novel antibiotics, leveraging its structural complexity to combat resistant bacterial strains. Its application extends to agrochemical research, where it serves as a precursor for developing new pesticides with improved efficacy and selectivity.