This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its spirocyclic structure makes it a valuable building block for developing molecules with potential biological activity. It is often employed in the creation of compounds targeting central nervous system disorders, including antidepressants and anticonvulsants. Additionally, its unique chemical framework is explored in the design of novel drugs for treating microbial infections, as it can be modified to enhance antimicrobial properties. Researchers also investigate its role in developing enzyme inhibitors, which can be useful in managing metabolic and inflammatory diseases.