This chemical is primarily used in the pharmaceutical industry as an intermediate in the synthesis of complex organic compounds. It plays a crucial role in the development of active pharmaceutical ingredients (APIs), particularly in the creation of spirocyclic structures that are often found in drugs targeting neurological and cardiovascular disorders. Its unique spirocyclic framework makes it valuable for designing molecules with specific biological activities. Additionally, it is utilized in research and development for exploring new therapeutic agents, particularly in the field of medicinal chemistry where spiro compounds are increasingly recognized for their potential in drug discovery.