This compound is primarily utilized in the field of organic synthesis as a key intermediate in the development of pharmaceutical agents. Its unique spirocyclic structure makes it valuable for constructing complex molecules, particularly in the synthesis of biologically active compounds. It is often employed in the preparation of drug candidates targeting neurological disorders, such as Alzheimer's disease and Parkinson's disease, due to its ability to modulate specific receptors in the brain. Additionally, its Boc-protected amine group allows for selective deprotection, enabling further functionalization in multi-step synthetic routes. This chemical is also explored in the design of novel therapeutic agents with potential applications in oncology and inflammation. Its versatility and stability make it a preferred choice in medicinal chemistry research.