This chemical is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds. Its unique spirocyclic structure makes it valuable for constructing complex molecules, particularly in the synthesis of potential drug candidates. Researchers often employ it in the creation of novel therapeutic agents, especially those targeting neurological and metabolic disorders. Additionally, its structural features are explored in the design of enzyme inhibitors, which can be crucial for treating diseases caused by enzymatic dysregulation. Its applications also extend to material science, where it is investigated for its potential in creating advanced polymers with specific properties.