This chemical is primarily utilized in the field of organic synthesis as a building block or intermediate for the development of more complex molecules. Its unique spirocyclic structure makes it valuable in the synthesis of pharmaceuticals, particularly in the creation of compounds with potential biological activity. Researchers often employ it in the design of drug candidates, especially those targeting the central nervous system, due to its structural similarity to certain bioactive molecules. Additionally, it is used in the preparation of ligands for catalysis and in the study of novel chemical reactions, contributing to advancements in medicinal chemistry and material science.