This chemical is primarily utilized in organic synthesis as a key intermediate in the production of complex molecules, particularly in pharmaceutical research. Its spirocyclic structure and functional groups make it valuable for constructing biologically active compounds, such as inhibitors or modulators of enzymes and receptors. It is often employed in the development of drugs targeting neurological disorders, cardiovascular diseases, or other therapeutic areas. Additionally, its tert-butoxycarbonyl (Boc) protecting group allows for selective deprotection during multi-step synthetic processes, enabling precise control over chemical transformations.