This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of more complex molecules. Its unique structure, featuring both a benzyl group and a spirocyclic framework, makes it particularly valuable in the synthesis of pharmaceuticals. It is often employed in the creation of compounds with potential biological activity, such as those targeting the central nervous system. Additionally, its oxa and aza components contribute to its versatility in forming heterocyclic compounds, which are essential in drug discovery and development. Researchers also explore its use in designing novel ligands for catalytic processes, enhancing the efficiency of chemical reactions.