Used primarily in organic synthesis, this compound serves as a versatile intermediate for the development of complex molecules. Its spirocyclic structure makes it valuable in the design of pharmaceuticals, particularly in creating compounds with potential therapeutic effects. The oxalate group enhances its solubility, facilitating its use in various chemical reactions. Additionally, it is explored in material science for synthesizing novel polymers and coatings with unique properties. Its application in research laboratories is significant for studying reaction mechanisms and developing new synthetic pathways.