This chemical is primarily utilized in the field of organic synthesis as a versatile intermediate for the development of complex molecules. It serves as a key building block in the preparation of various biologically active compounds, particularly in the pharmaceutical industry. Its unique spirocyclic structure makes it valuable for constructing heterocyclic frameworks, which are often found in drugs targeting neurological disorders, inflammation, and infectious diseases. Additionally, it is employed in research settings for the design and synthesis of novel chemical entities, aiding in the exploration of new therapeutic agents. Its stability and reactivity also make it suitable for use in combinatorial chemistry and high-throughput screening processes.