This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. Its unique structure makes it valuable for developing potential therapeutic agents, particularly in the design of enzyme inhibitors or receptor modulators. Researchers often employ it in drug discovery programs to explore its efficacy in targeting specific diseases, such as neurological disorders or cancer. Additionally, its spirocyclic framework contributes to enhanced stability and bioavailability, making it a promising candidate for further optimization in pharmaceutical development.