This compound is primarily utilized in the field of organic synthesis as a key intermediate for the preparation of complex molecules, particularly in pharmaceutical research. Its spirocyclic structure makes it valuable for constructing rigid frameworks in drug design, which can enhance the stability and specificity of potential therapeutic agents. Additionally, it serves as a building block in the development of heterocyclic compounds, which are often explored for their bioactivity in medicinal chemistry. Its application extends to the synthesis of peptidomimetics, where it helps mimic peptide structures for drug discovery purposes.