This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its unique spirocyclic structure makes it valuable for constructing complex molecules, particularly in the development of drugs targeting neurological disorders. Additionally, it is employed in the synthesis of bioactive compounds that exhibit potential therapeutic properties, such as anti-inflammatory and antimicrobial activities. Researchers also explore its use in creating novel chemical entities for medicinal chemistry studies, aiming to discover new treatments for diseases.