This compound is primarily utilized in organic synthesis as a versatile intermediate for the development of more complex chemical structures. It is particularly valuable in the pharmaceutical industry, where it serves as a building block for the synthesis of various active pharmaceutical ingredients (APIs). Its unique spirocyclic structure makes it useful in the design of molecules with specific biological activities, such as enzyme inhibitors or receptor modulators. Additionally, it finds application in the field of medicinal chemistry for the creation of novel drug candidates, especially those targeting neurological or metabolic disorders. Researchers also employ it in the study of chemical reactions involving spirocyclic systems, aiding in the advancement of synthetic methodologies.