This compound is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceuticals. It serves as a key intermediate in the construction of complex molecules, especially those containing spirocyclic structures, which are often found in bioactive compounds. Its tert-butoxycarbonyl (Boc) protecting group makes it valuable in peptide synthesis, allowing for selective deprotection and further functionalization. Additionally, its spirocyclic framework is of interest in medicinal chemistry for designing drugs with enhanced stability and specificity, particularly in targeting neurological and metabolic disorders.