This compound is primarily utilized in organic synthesis as a building block for the development of complex molecules, particularly in pharmaceutical research. Its spirocyclic structure and functional groups make it a valuable intermediate in the synthesis of biologically active compounds, such as potential drug candidates targeting neurological disorders or infectious diseases. Additionally, it serves as a precursor in the preparation of ligands for catalytic systems, aiding in the development of novel catalysts for chemical reactions. Its stability and reactivity also make it suitable for use in medicinal chemistry for the design of small molecule inhibitors or modulators of specific biological targets.