This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its spirocyclic structure and functional groups make it valuable for constructing complex molecules, particularly in the development of drugs targeting neurological disorders and other therapeutic areas. The BOC (tert-butoxycarbonyl) protecting group allows for selective reactions during multi-step synthetic processes, ensuring the integrity of the molecule. Additionally, the methyl ester moiety can be hydrolyzed or transformed into other functional groups, enhancing its versatility in medicinal chemistry. Its application is crucial in the preparation of compounds with potential biological activity, contributing to advancements in drug discovery and development.