Used primarily in pharmaceutical research, it serves as a key intermediate in the synthesis of various bioactive compounds. Its structure is particularly valuable in the development of central nervous system (CNS) drugs, targeting receptors and enzymes involved in neurological disorders. Additionally, it is employed in the creation of potential therapeutic agents for conditions like depression, anxiety, and schizophrenia. Its spirocyclic indole core makes it a versatile building block for designing novel drug candidates with enhanced efficacy and selectivity.