This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. Its unique spirocyclic structure makes it valuable for developing pharmaceutical agents, particularly in the design of drugs targeting neurological disorders. The compound's rigid framework is advantageous for creating molecules with specific binding properties, which can enhance drug efficacy and selectivity. Additionally, it is explored in the development of enzyme inhibitors and receptor modulators, contributing to advancements in therapeutic treatments. Its application extends to research in organic synthesis, where it serves as a building block for complex molecular architectures.