This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. Its unique structure, featuring a spirocyclic indolizine core, makes it valuable for constructing pharmacologically active compounds. Researchers often employ it in the development of potential drug candidates, particularly those targeting neurological and inflammatory disorders. Additionally, its reactivity allows for further functionalization, enabling the creation of diverse chemical libraries for screening purposes. In material science, it can be incorporated into novel organic frameworks to explore properties like luminescence or conductivity. Its versatility also extends to agricultural chemistry, where it may be used in the synthesis of bioactive agents for crop protection.