This compound is primarily utilized in pharmaceutical research and development as an intermediate in the synthesis of biologically active molecules. Its spirocyclic structure makes it a valuable scaffold for designing drugs, particularly those targeting neurological disorders and other therapeutic areas. The tert-butyl ester group enhances its stability and solubility, facilitating its use in organic synthesis. Researchers often employ it in medicinal chemistry to explore potential inhibitors or modulators of specific enzymes or receptors. Its unique framework allows for the creation of diverse analogs, aiding in the discovery of novel compounds with improved efficacy and selectivity.