This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting central nervous system disorders. Its structural framework is often incorporated into the design of novel drugs due to its spirocyclic nature, which can enhance binding affinity and selectivity to specific biological targets. Additionally, it is employed in the development of protease inhibitors and other therapeutic agents, contributing to advancements in treating conditions such as cancer, viral infections, and neurodegenerative diseases. Its versatility in organic synthesis also makes it valuable for constructing complex molecular architectures in drug discovery programs.