This compound is primarily utilized in organic synthesis and pharmaceutical research due to its unique spirocyclic structure. It serves as a key intermediate in the development of biologically active molecules, particularly in the design of enzyme inhibitors and receptor modulators. Its structural features make it valuable for creating compounds with potential therapeutic applications, such as anti-inflammatory, antiviral, or anticancer agents. Additionally, it is used in the study of peptide mimetics and drug delivery systems, where its stability and reactivity play a crucial role in optimizing drug efficacy and bioavailability.