This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of biologically active molecules. It serves as a key intermediate in the production of compounds targeting neurological disorders, such as depression, anxiety, and schizophrenia, due to its spirocyclic indole structure, which is often found in CNS-active drugs. Additionally, its piperidine moiety makes it valuable for designing molecules with potential therapeutic effects on receptor modulation. Its application extends to medicinal chemistry, where it is used to explore structure-activity relationships and optimize drug candidates for enhanced efficacy and selectivity.