This compound is primarily utilized in the field of organic synthesis, particularly as a building block for the development of more complex molecules. It is often employed in pharmaceutical research, where it serves as an intermediate in the synthesis of active pharmaceutical ingredients (APIs). The N-BOC protection group enhances its stability, making it easier to handle and incorporate into multi-step synthetic processes. Additionally, it finds application in the preparation of spirocyclic compounds, which are of significant interest due to their unique structural properties and potential biological activities. Its role in medicinal chemistry is crucial for the design and optimization of drug candidates targeting various diseases.