This chemical is primarily utilized in the synthesis of complex organic molecules, particularly in pharmaceutical research and development. It serves as a key intermediate in the preparation of biologically active compounds, including potential drug candidates. Its unique spirocyclic structure makes it valuable for constructing rigid frameworks in medicinal chemistry, which can enhance the stability and specificity of drug molecules. Additionally, it is employed in the development of novel therapeutic agents targeting various diseases, such as neurological disorders and cancer, due to its ability to modulate specific biological pathways. Its application in organic synthesis also extends to the creation of chiral molecules, aiding in the production of enantiomerically pure substances.