This chemical is primarily utilized in the field of organic synthesis, particularly in the development of complex molecular structures. It serves as a key intermediate in the preparation of biologically active compounds, including pharmaceuticals and agrochemicals. Its unique spirocyclic structure makes it valuable for constructing rigid frameworks, which are often essential for enhancing the stability and specificity of drug molecules. Additionally, it is employed in peptide chemistry, where it can be used to introduce specific functional groups or modify peptide backbones, aiding in the study of protein interactions and the design of therapeutic agents. Its benzyloxycarbonyl (Cbz) protecting group is particularly useful in multi-step synthetic processes, as it can be easily removed under mild conditions, allowing for further functionalization of the molecule.