This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. Its unique spirocyclic structure makes it valuable in the development of compounds with potential biological activity, particularly in the design of drugs targeting neurological and inflammatory disorders. Researchers often employ it in the creation of novel molecules that can interact with specific enzymes or receptors, aiding in the discovery of new treatments for conditions such as Alzheimer's disease, epilepsy, and chronic pain. Additionally, its role in organic synthesis extends to the production of specialized materials and fine chemicals, where its structural complexity enables the formation of advanced compounds with tailored properties.