This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its unique spirocyclic structure makes it valuable in the development of pharmaceuticals, particularly in the design of drugs targeting neurological disorders. The presence of both amine and carboxylate functional groups allows for versatile chemical modifications, enabling researchers to create compounds with specific pharmacological properties. It is often employed in the preparation of potential therapeutic agents, including inhibitors for enzymes or receptors involved in disease pathways. Additionally, its stability and reactivity make it a suitable candidate for use in combinatorial chemistry and high-throughput screening processes to identify novel drug candidates.