This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its spirocyclic structure is particularly valuable in the development of novel pharmaceuticals, especially those targeting the central nervous system. The compound's unique scaffold allows for the creation of molecules with enhanced binding affinity and selectivity towards specific receptors or enzymes. Additionally, it is often employed in the preparation of peptidomimetics, which are used to mimic the structure and function of peptides, offering potential therapeutic applications in areas such as oncology, neurology, and infectious diseases. The tert-butyl ester group in the molecule provides stability during synthetic processes, making it a versatile building block in organic synthesis.