This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of more complex chemical structures. Its unique spirocyclic framework makes it particularly valuable in the synthesis of pharmaceuticals, especially in the creation of molecules that require rigid, three-dimensional architectures. Researchers often employ it in the construction of bioactive compounds, including potential drug candidates targeting neurological disorders or other therapeutic areas. Additionally, its oxalate salt form enhances its stability and solubility, facilitating its use in various chemical reactions and formulations. The compound's versatility also extends to material science, where it can be incorporated into polymers or other advanced materials to impart specific properties.