This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of biologically active compounds, particularly those targeting enzyme inhibition or receptor modulation. Its structural features, including the spirocyclic core and functional groups, make it a valuable scaffold for developing drug candidates with potential therapeutic applications. Researchers often explore its derivatives for their efficacy in treating diseases such as cancer, inflammation, or neurological disorders. Additionally, its stability and reactivity under various conditions make it suitable for use in organic synthesis and process optimization in drug development.