This chemical is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds. Its unique structure, featuring a spirocyclic system, makes it valuable for constructing complex molecules with potential therapeutic applications. Researchers often employ it in the synthesis of drug candidates targeting neurological disorders, inflammation, and other medical conditions. Additionally, its reactivity allows for further functionalization, enabling the creation of diverse chemical libraries for high-throughput screening in drug discovery programs.