This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmacologically active molecules. Its unique spirocyclic structure makes it a valuable scaffold for developing compounds with potential therapeutic effects, particularly in the treatment of neurological disorders. Researchers have explored its derivatives for their ability to modulate specific biological targets, such as enzymes or receptors, which are implicated in diseases like Alzheimer's and Parkinson's. Additionally, its structural features are being investigated for use in drug discovery programs aimed at creating novel antibiotics, given its potential to disrupt bacterial cell wall synthesis. The compound's versatility also extends to agrochemical research, where it serves as a precursor for developing new pesticides with enhanced efficacy and reduced environmental impact.