This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the preparation of more complex molecules. Its unique spirocyclic structure makes it valuable for constructing pharmacologically active compounds, particularly in the development of new drugs targeting neurological disorders. Additionally, it is employed in the synthesis of peptidomimetics, which are used to mimic the structure and function of peptides, aiding in the design of therapeutic agents. Its application extends to material science, where it contributes to the development of novel polymers with specific properties.