This compound is primarily utilized in the field of organic synthesis and medicinal chemistry. It serves as a key intermediate in the development of various pharmaceutical agents, particularly those targeting neurological and psychiatric disorders. Its structure, featuring a spirocyclic system, makes it valuable for designing molecules that interact with specific receptors in the brain, such as those involved in dopamine or serotonin pathways. Additionally, it is used in the synthesis of complex organic molecules, where its tert-butyl carbamate group provides protective functionality during multi-step reactions. Its stability and reactivity make it a versatile building block in drug discovery and development processes.