This chemical is primarily utilized in organic synthesis as a versatile building block for the development of complex molecules. It serves as a key intermediate in the preparation of biologically active compounds, particularly in the pharmaceutical industry. Its spirocyclic structure makes it valuable for designing drugs with specific conformational properties, often targeting neurological and psychiatric disorders. Additionally, it is employed in the synthesis of ligands for catalysis, aiding in the development of efficient and selective chemical reactions. Its stability and reactivity also make it useful in academic research for exploring novel synthetic pathways and reaction mechanisms.