This spirocyclic compound is primarily utilized in organic synthesis as a building block for the development of more complex molecules. It serves as a key intermediate in the synthesis of spirocyclic derivatives and related structures, which are of significant interest in medicinal chemistry due to their structural complexity and potential biological activity. The tert-butoxycarbonyl (Boc) protecting group in the molecule is particularly valuable, as it can be easily removed under mild acidic conditions, allowing for further functionalization. This compound is often employed in the synthesis of peptidomimetics and other bioactive molecules, where the spirocyclic structure can enhance stability and selectivity. Additionally, its carboxylic acid group provides a handle for further chemical modifications, making it a versatile reagent in drug discovery and pharmaceutical research.