This compound is primarily used in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of pharmaceutical agents, especially those targeting neurological disorders and cancer. The spirocyclic framework of the compound offers unique conformational properties, making it suitable for designing drugs with enhanced selectivity and potency. Researchers often utilize it to create novel quinazoline derivatives, which are known for their anti-inflammatory, antimicrobial, and antitumor properties. Additionally, its application extends to organic synthesis, where it serves as a building block for complex heterocyclic compounds used in drug discovery and development.