This compound is primarily utilized in the field of medicinal chemistry as a building block for the synthesis of various pharmaceutical agents. Its unique spirocyclic structure makes it a valuable scaffold in drug design, particularly for developing molecules with potential therapeutic effects. It is often employed in the creation of inhibitors targeting specific enzymes or receptors, contributing to the development of treatments for diseases such as cancer, neurological disorders, and infectious diseases. Additionally, its chemical properties are leveraged in the optimization of pharmacokinetic profiles, enhancing drug bioavailability and stability.