This compound is primarily utilized in the field of organic synthesis as a versatile intermediate. It serves as a key building block in the development of complex molecules, particularly in the synthesis of pharmaceuticals and biologically active compounds. Its spirocyclic structure and functional groups make it valuable for constructing nitrogen-containing heterocycles, which are often found in drug candidates. Researchers employ it in medicinal chemistry to explore potential therapeutic agents, especially in the design of inhibitors targeting specific enzymes or receptors. Additionally, its tert-butyl and benzyl ester groups provide opportunities for further chemical modifications, enabling the creation of diverse derivatives for structure-activity relationship studies.