This compound is primarily utilized in the pharmaceutical and chemical research industries as a key intermediate in the synthesis of various bioactive molecules. Its structure, featuring a spirocyclic system with a chroman and piperidine moiety, makes it valuable for developing compounds with potential therapeutic applications. It is often employed in the construction of drug candidates targeting neurological disorders, such as Alzheimer’s disease, due to its ability to modulate specific receptors or enzymes in the brain. Additionally, its tert-butoxycarbonyl (Boc) protecting group allows for selective deprotection during multi-step synthetic processes, enabling the creation of complex molecular architectures. Researchers also explore its use in designing ligands for biological targets, contributing to the development of novel drugs and pharmacological tools.