This compound is primarily utilized in organic synthesis and pharmaceutical research, where it serves as a key intermediate in the development of complex molecules. Its structure, featuring a spirocyclic ring system, makes it valuable for constructing biologically active compounds, particularly in the design of enzyme inhibitors or receptor modulators. The benzyloxycarbonyl (Cbz) protecting group allows for selective deprotection during multi-step synthetic processes, enabling precise control over molecular assembly. Its application is often seen in the preparation of peptide-like structures or small-molecule drugs targeting neurological or metabolic disorders. Researchers also explore its potential in creating novel chemical entities for drug discovery programs, leveraging its unique scaffold to enhance binding affinity and selectivity.