This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of complex organic compounds. It serves as a key intermediate in the creation of various biologically active molecules, including potential drug candidates. Its spirocyclic structure makes it valuable for designing compounds with specific three-dimensional conformations, which can enhance binding affinity to target proteins or enzymes. Additionally, it is used in medicinal chemistry to explore new therapeutic agents, especially in the fields of neurology and oncology, where such structures are often investigated for their pharmacological properties.