This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure is particularly valuable in the development of compounds targeting central nervous system disorders, such as anxiety, depression, and schizophrenia. The spirocyclic indole-piperidine framework is often explored for its potential to interact with neurotransmitter receptors, including serotonin and dopamine receptors, making it a versatile scaffold for drug discovery. Additionally, it is investigated for its role in creating novel therapeutics for pain management and neurodegenerative diseases, owing to its ability to modulate specific biological pathways. Researchers also study its derivatives for potential anticancer properties, particularly in targeting specific enzymes or proteins involved in tumor growth and proliferation.