This compound is primarily utilized in pharmaceutical research and development, particularly as an intermediate in the synthesis of more complex molecules. Its unique spirocyclic structure makes it valuable for designing and producing novel drug candidates, especially in the field of medicinal chemistry. Researchers often employ it to create compounds targeting neurological disorders, as its structural features can interact with specific biological receptors. Additionally, it serves as a building block in organic synthesis, enabling the creation of diverse chemical entities with potential therapeutic applications. Its tert-butyl ester group provides stability during synthetic processes, making it a practical choice for multi-step reactions.