This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting central nervous system disorders. Its spirocyclic structure is valuable in designing molecules with enhanced selectivity and potency for specific biological targets. Additionally, it is employed in the preparation of peptidomimetics, which are used to mimic the structure and function of peptides, aiding in drug discovery efforts. Its stability and reactivity make it a versatile building block in organic synthesis, especially for creating complex molecular architectures.