This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of complex molecules, particularly those targeting specific biological pathways. Its structure, featuring a spirocyclic core and functional groups, makes it valuable for developing protease inhibitors or enzyme modulators. Researchers often employ it in drug discovery projects focused on treating diseases like cancer, inflammation, or neurodegenerative disorders. Additionally, its tert-butoxycarbonyl (Boc) protecting group allows for selective deprotection during multi-step synthetic processes, enhancing its utility in creating tailored therapeutic agents.