This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its unique spirocyclic structure makes it valuable in the development of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. Additionally, it is employed in the synthesis of compounds with potential antimicrobial and antifungal properties, contributing to the creation of new therapeutic agents. Its application extends to research and development, where it is used to explore novel chemical pathways and optimize drug efficacy.