This compound is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceutical intermediates. It serves as a key building block in the creation of complex molecules, especially those targeting neurological and cardiovascular diseases. Its spirocyclic structure makes it valuable for designing drugs with enhanced stability and bioavailability. Additionally, it is employed in research to explore new therapeutic agents, owing to its potential to interact with biological targets effectively. Its application extends to the synthesis of peptidomimetics, which are crucial in drug discovery for mimicking peptide structures while improving metabolic stability.