This chemical is primarily utilized in organic synthesis as a versatile intermediate for the development of complex molecular structures. It is particularly valuable in the pharmaceutical industry for the synthesis of biologically active compounds, including potential drug candidates. The spirocyclic framework and functional groups present in the molecule make it a useful building block for creating diverse heterocyclic compounds. Its application extends to materials science, where it can be employed in the design of novel polymers or advanced materials with specific properties. Researchers also leverage its structure in medicinal chemistry to explore new therapeutic agents, particularly in the development of central nervous system (CNS) drugs due to its ability to cross the blood-brain barrier. Its role in facilitating efficient and selective synthetic routes underscores its importance in modern chemical research and industrial applications.