This compound is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceutical intermediates. Its unique spirocyclic structure makes it a valuable building block for creating complex molecules with potential biological activity. Researchers often employ it in the synthesis of novel drug candidates, especially those targeting neurological or metabolic disorders. Additionally, it serves as a key intermediate in the preparation of compounds with potential anti-inflammatory or antimicrobial properties. Its tert-butyl ester group provides stability during synthetic processes, making it a reliable component in multi-step reactions.