This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. Its structural features, including the spirocyclic core and functional groups, make it a valuable building block for developing drug candidates, particularly those targeting neurological disorders or acting as enzyme inhibitors. The presence of the benzyl and tert-butyl groups enhances its stability and reactivity in synthetic pathways, allowing for efficient modification and derivatization. Researchers often employ it in the design of compounds with potential therapeutic applications, leveraging its unique scaffold to explore structure-activity relationships. Its versatility also extends to the development of novel chemical probes for studying biological systems.