This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various biologically active molecules. Its unique spirocyclic structure makes it valuable for designing and developing drugs, particularly those targeting central nervous system disorders. It is often employed in the preparation of compounds with potential therapeutic effects, such as enzyme inhibitors or receptor modulators. Additionally, its tert-butyl ester group enhances stability during synthetic processes, making it easier to handle and incorporate into complex drug molecules. Researchers also explore its use in creating novel chemical entities for medicinal chemistry studies, aiming to discover new treatments for diseases.