Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its spirocyclic structure is particularly valuable in drug discovery, enabling the creation of novel compounds with potential therapeutic applications. It is often utilized in the design of small-molecule inhibitors targeting specific enzymes or receptors, contributing to the development of treatments for diseases such as cancer, neurological disorders, and infectious diseases. Additionally, its unique chemical framework is explored in medicinal chemistry to enhance drug-like properties, including solubility, stability, and bioavailability.