This chemical is primarily used in the synthesis of complex organic compounds, particularly in pharmaceutical research. It serves as a key intermediate in the development of biologically active molecules, including potential drug candidates. Its structure is valuable in medicinal chemistry for constructing spirocyclic frameworks, which are often found in compounds with therapeutic properties. Additionally, it is utilized in peptide chemistry for protecting functional groups during multi-step reactions. Its versatility makes it a valuable tool in the design and production of novel chemical entities for drug discovery and development.