This chemical is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of complex molecules, particularly those with potential therapeutic applications. Its unique spirocyclic structure makes it valuable for constructing bioactive compounds, especially in the design of drugs targeting neurological disorders. Researchers often employ it in the synthesis of novel compounds to explore their pharmacological properties, such as receptor binding affinity or enzyme inhibition. Additionally, it may be used in the preparation of chiral catalysts or ligands for asymmetric synthesis, aiding in the production of enantiomerically pure substances. Its versatility in chemical transformations makes it a valuable tool in medicinal chemistry and drug discovery efforts.