This chemical is primarily used in organic synthesis as a key intermediate for the production of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the creation of compounds with potential therapeutic effects. Its unique spirocyclic structure makes it valuable in the design of drugs targeting neurological disorders and other medical conditions. Additionally, it is utilized in research settings to study reaction mechanisms and develop new synthetic methodologies. In industrial applications, it can be a precursor for the synthesis of specialty chemicals, including fragrances and agrochemicals. Its versatility in chemical reactions makes it a useful building block in various fields of chemistry.