This compound is primarily utilized in the field of organic synthesis and medicinal chemistry. It serves as a key intermediate in the development of various pharmacologically active molecules. Its spirocyclic structure makes it valuable for constructing complex ring systems often found in drug candidates. Researchers employ it in the synthesis of potential therapeutic agents targeting neurological disorders, due to its ability to mimic certain structural motifs found in bioactive compounds. Additionally, it is used in the study of stereochemistry and reaction mechanisms, aiding in the exploration of novel synthetic pathways. Its versatility also extends to material science, where it contributes to the development of advanced organic materials with specific properties.