This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. Its unique spirocyclic structure makes it valuable for designing compounds that target specific enzymes or receptors, particularly in the development of pharmaceuticals for neurological and oncological disorders. Researchers often employ it to create novel drug candidates with improved pharmacokinetic properties, such as enhanced bioavailability and metabolic stability. Additionally, its tert-butyl ester group serves as a protective moiety during synthetic processes, allowing for selective modifications in complex molecular frameworks.