This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of biologically active molecules. Its spirocyclic structure makes it valuable for constructing complex frameworks often found in drug candidates, particularly those targeting neurological disorders and cancer. The tert-butyl ester group enhances stability during synthetic processes, allowing for further functionalization. It is also employed in the preparation of compounds with potential therapeutic applications, such as enzyme inhibitors or receptor modulators. Its versatility in organic synthesis makes it a crucial building block for medicinal chemists aiming to develop novel drugs with improved efficacy and selectivity.