This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its spirocyclic structure makes it valuable in designing compounds with enhanced stability and specificity for biological targets. Additionally, it is employed in the synthesis of peptidomimetics, which mimic peptides and are used in drug discovery to improve metabolic stability and bioavailability. Researchers also explore its potential in creating novel inhibitors for enzymes involved in disease pathways.