This compound is primarily utilized in the field of organic synthesis and medicinal chemistry as a key intermediate. It is often employed in the development of pharmaceuticals, particularly in the synthesis of complex molecules that require spirocyclic structures. Its unique spirocyclic framework makes it valuable for constructing bioactive compounds, including potential drug candidates targeting neurological and cardiovascular diseases. Additionally, it serves as a building block in the preparation of peptidomimetics, which are used to mimic the structure and function of peptides for therapeutic applications. Its tert-butyl ester group provides stability during synthetic processes, making it a versatile reagent in multi-step organic reactions.