This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological disorders. Its structural features make it a valuable building block for developing compounds that interact with specific receptors in the brain, such as serotonin or dopamine receptors. Researchers often employ it in the design and optimization of potential therapeutic agents for conditions like depression, anxiety, and schizophrenia. Additionally, its spirocyclic indole-piperidine core is explored for its potential in creating novel drugs with improved efficacy and reduced side effects.