This compound is primarily utilized in the field of medicinal chemistry as a building block for the synthesis of various pharmacologically active molecules. Its unique spirocyclic structure makes it a valuable scaffold for designing drugs that target specific biological pathways, particularly in the development of central nervous system (CNS) therapeutics. Researchers have explored its potential in creating compounds with anxiolytic, antidepressant, or anticonvulsant properties. Additionally, its structural features are being investigated for use in the development of enzyme inhibitors, particularly those involved in neurological disorders. The hemioxalate form enhances its stability and solubility, making it more suitable for experimental and formulation purposes in drug discovery and development.