This compound is primarily utilized in the field of organic synthesis and medicinal chemistry. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of potential pharmaceutical agents. Its spirocyclic structure makes it valuable for creating compounds with specific three-dimensional configurations, which are often crucial for binding to biological targets. Researchers leverage its unique framework to design and synthesize new drugs, especially those targeting neurological and psychiatric disorders. Additionally, it is explored in the development of novel enzyme inhibitors and receptor modulators due to its structural versatility. Its application extends to the study of chemical reactions and mechanisms, contributing to advancements in synthetic methodologies.