This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. It is particularly valuable in the development of compounds targeting specific enzymes or receptors, such as kinase inhibitors, which are crucial in cancer therapy. Its structural features, including the spirocyclic and imidazolone moieties, make it a versatile building block for designing drug candidates with potential therapeutic applications. Additionally, it may be explored in the creation of novel heterocyclic compounds for pharmaceutical research, contributing to advancements in drug discovery and development.