This compound is primarily utilized in organic synthesis as a building block for more complex molecules. Its unique spirocyclic structure makes it valuable in the development of pharmaceutical compounds, particularly in the design of drugs targeting neurological disorders. The benzyl ester group enhances its solubility and stability, facilitating its use in various chemical reactions. Additionally, it serves as a precursor in the synthesis of peptidomimetics, which are used to mimic peptide structures in drug discovery. Its application extends to the field of medicinal chemistry, where it contributes to the creation of novel therapeutic agents with improved efficacy and selectivity.