Used in organic synthesis as a versatile intermediate for the preparation of complex molecules, particularly in pharmaceutical research. It serves as a key building block in the development of spirocyclic compounds, which are valuable in drug discovery due to their unique three-dimensional structures. The compound is often employed in the synthesis of potential therapeutic agents, including enzyme inhibitors and receptor modulators. Its spirocyclic framework enhances molecular rigidity, which can improve binding affinity and selectivity in drug candidates. Additionally, it is utilized in the study of novel chemical reactions and the exploration of new synthetic pathways in medicinal chemistry.