This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of pharmaceutical agents targeting specific enzymes or receptors. Researchers often employ it in the creation of compounds with potential therapeutic effects, such as inhibitors for kinases or other proteins involved in disease pathways. Additionally, its spirocyclic framework makes it a versatile building block for designing drugs with enhanced stability and bioavailability. Its applications are particularly relevant in the development of treatments for conditions like cancer, inflammation, and neurological disorders.