This compound is primarily used in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of compounds with potential therapeutic properties, such as anti-inflammatory, antimicrobial, and anticancer agents. Additionally, it is explored in the design of novel drug candidates targeting specific enzymes or receptors, contributing to advancements in medicinal chemistry. Its unique spirocyclic framework also makes it a subject of interest in the study of chemical reactivity and molecular interactions.