This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its unique spirocyclic structure makes it valuable for developing compounds with potential biological activity, particularly in the creation of drugs targeting neurological and metabolic disorders. Additionally, it is employed in research settings to explore new therapeutic agents, leveraging its structural framework to design molecules with improved efficacy and selectivity. Its role in medicinal chemistry underscores its importance in advancing drug discovery and development processes.