This chemical is primarily utilized in the field of organic synthesis and medicinal chemistry. It serves as a key intermediate in the development of various pharmaceutical compounds, particularly those targeting neurological disorders and cancer. Its unique spirocyclic structure makes it a valuable scaffold for designing molecules with enhanced biological activity and selectivity. Additionally, it is employed in the synthesis of ligands for receptor binding studies, aiding in the discovery of new therapeutic agents. Its applications also extend to the development of agrochemicals, where it contributes to the creation of novel pesticides and herbicides.