This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its unique spirocyclic structure makes it valuable for developing drugs that target neurological disorders, particularly those involving the modulation of neurotransmitter systems. Additionally, it is employed in the creation of ligands for receptor binding studies, aiding in the discovery of new therapeutic agents. Its application extends to the development of agrochemicals, where it contributes to the formulation of pesticides and herbicides with enhanced efficacy.