This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. Its spirocyclic structure makes it a valuable scaffold for developing pharmaceutical compounds, particularly those targeting neurological and psychiatric disorders. It is often employed in the design of inhibitors for enzymes or receptors involved in disease pathways. Additionally, its tert-butyl ester group provides stability and facilitates further chemical modifications, making it a versatile building block in drug discovery and organic synthesis.