This compound is primarily utilized in organic synthesis as a versatile building block for the development of complex molecules. It serves as a key intermediate in the preparation of various pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. Its spirocyclic structure is valuable in creating rigid frameworks that can enhance the stability and specificity of drug molecules. Additionally, it is employed in the study of chemical reactions involving sulfur and nitrogen-containing heterocycles, contributing to advancements in medicinal chemistry and material science.