This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its unique spirocyclic structure makes it valuable for developing compounds with potential therapeutic applications, particularly in the design of drugs targeting neurological disorders. Researchers often employ it to create novel inhibitors or modulators for enzymes and receptors involved in neurodegenerative diseases. Additionally, its structural framework is explored in the development of antimicrobial and antiviral agents, contributing to the advancement of treatments for infectious diseases. Its versatility in organic synthesis also allows for its use in constructing complex molecular architectures for further pharmacological studies.