This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the development of pharmaceuticals. Its unique spirocyclic structure makes it a valuable intermediate in the creation of molecules with specific biological activities. It is often employed in the preparation of drugs targeting neurological disorders, as its structure can interact effectively with certain receptors in the brain. Additionally, it is used in research settings to develop novel therapeutic agents, particularly those requiring a rigid, bicyclic framework. Its application extends to the field of agrochemicals, where it serves as a building block for designing compounds with potential pesticidal or herbicidal properties.