This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly those targeting enzyme inhibition or receptor modulation. Its unique spirocyclic structure makes it valuable for designing compounds with specific steric and electronic properties, which are crucial for optimizing drug efficacy and selectivity. Additionally, it is employed in the study of chemical reactions involving spiro compounds, aiding in the exploration of novel synthetic pathways and reaction mechanisms.