This compound is primarily utilized in organic synthesis as a versatile building block, particularly in the development of pharmaceuticals and bioactive molecules. Its unique spirocyclic structure makes it valuable for constructing complex molecular frameworks, often serving as a precursor in the synthesis of heterocyclic compounds. It is also employed in medicinal chemistry research for designing drug candidates, especially those targeting neurological disorders or acting as enzyme inhibitors. The hemioxalate form enhances its stability and solubility, facilitating its use in various chemical reactions. Additionally, it finds applications in the preparation of ligands for catalysis and in the study of molecular interactions due to its rigid and well-defined structure.