Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its spirocyclic structure makes it valuable in developing drugs targeting neurological disorders, such as Alzheimer's disease, due to its ability to cross the blood-brain barrier. Additionally, it is employed in the creation of peptidomimetics, which mimic peptides for therapeutic applications, including enzyme inhibition and receptor modulation. Its unique framework also aids in the design of novel antibiotics, particularly against resistant bacterial strains. In material science, it contributes to the development of polymers with enhanced stability and specific functional properties.