This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its unique spirocyclic structure makes it valuable for the development of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. Additionally, it is employed in the synthesis of compounds with potential anti-inflammatory and analgesic properties. Researchers also explore its use in creating novel chemical entities for drug discovery programs, leveraging its structural complexity to enhance biological activity and selectivity.