This compound is primarily utilized in pharmaceutical research and development, particularly as an intermediate in the synthesis of biologically active molecules. Its structure, featuring both spirocyclic and piperidine components, makes it valuable for designing compounds targeting central nervous system disorders, such as depression, anxiety, and neurodegenerative diseases. It is also explored in the development of receptor modulators, including serotonin and dopamine receptors, due to its ability to influence neurotransmitter systems. Additionally, its tert-butyl carbamate group enhances stability, making it suitable for further chemical modifications in drug discovery processes.