Used extensively in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its spirocyclic structure is particularly valuable in the development of drugs targeting the central nervous system, as it can enhance blood-brain barrier penetration. Additionally, it is employed in the creation of novel compounds for treating neurological disorders, such as anxiety and depression. The Boc protection group allows for selective reactions, making it a versatile building block in organic synthesis. Its application also extends to the production of ligands for receptor studies, aiding in the understanding of complex biochemical pathways.