This chemical is primarily utilized in the pharmaceutical and organic synthesis industries. It serves as a key intermediate in the development of various active pharmaceutical ingredients (APIs), particularly those targeting neurological and cardiovascular disorders. Its spirocyclic structure makes it valuable in the design of novel drug molecules, as it can enhance binding affinity and selectivity to biological targets. Additionally, it is employed in research settings for studying enzyme inhibition and receptor interactions, aiding in the discovery of new therapeutic agents. Its application extends to the synthesis of complex organic compounds, where it acts as a building block for creating structurally diverse molecules with potential biological activity.