This compound is primarily utilized in organic synthesis as a building block for the development of more complex molecules. Its spirocyclic structure makes it valuable in the creation of pharmacologically active compounds, particularly in the field of medicinal chemistry. The benzyl ester group enhances its reactivity, allowing it to participate in various coupling reactions, which are essential for constructing drug candidates. Additionally, it serves as an intermediate in the synthesis of spirocyclic amines, which are often explored for their potential therapeutic applications, including as enzyme inhibitors or receptor modulators. Its unique structure also contributes to its use in the development of novel materials with specific chemical or physical properties.