This compound is primarily utilized in the field of organic synthesis as a key intermediate for the development of more complex molecules. Its structure, featuring both a hydroxyl group and a spirocyclic system, makes it valuable in the design and synthesis of pharmaceuticals, particularly in the creation of drugs targeting the central nervous system. The spirocyclic framework is often explored for its potential to enhance the bioavailability and metabolic stability of drug candidates. Additionally, the presence of the tert-butyl group provides steric protection, which can be advantageous in controlling reaction pathways and improving selectivity during synthetic processes. Its application extends to the preparation of ligands for catalysis and the study of novel bioactive compounds in medicinal chemistry research.