This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of complex organic compounds, particularly those with potential therapeutic applications. Its structure is often exploited in the development of novel drug candidates, especially in the design of molecules targeting specific biological pathways. Researchers leverage its spirocyclic framework to create compounds with enhanced stability and bioavailability, which are crucial for drug efficacy. Additionally, it is employed in the preparation of compounds used in biochemical assays and studies to understand disease mechanisms or evaluate drug interactions. Its role in facilitating the construction of intricate molecular architectures makes it valuable in the pursuit of new treatments for various medical conditions.