This chemical is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of complex molecules, particularly in the synthesis of spirocyclic compounds, which are of significant interest due to their structural complexity and potential biological activity. The compound is often employed in the construction of novel drug candidates, where its unique spirocyclic structure can impart desirable pharmacological properties. Additionally, it is used in the study of enzyme inhibitors and receptor modulators, contributing to the advancement of therapeutic agents targeting various diseases. Its application in medicinal chemistry underscores its importance in the discovery and optimization of new drugs.