This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of biologically active molecules, particularly those targeting neurological disorders and psychiatric conditions. Its unique spirocyclic structure makes it valuable for designing compounds that interact with specific receptors or enzymes in the central nervous system. Additionally, it is employed in the creation of peptidomimetics, which mimic the structure and function of peptides, aiding in the development of novel therapeutics. Its tert-butyl ester group enhances stability and solubility, facilitating its use in various synthetic pathways.