Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its spirocyclic structure is particularly valuable in the development of novel drugs targeting neurological disorders, as it can mimic certain natural compounds that interact with the central nervous system. Additionally, it is utilized in the creation of complex organic frameworks for medicinal chemistry, aiding in the discovery of new therapeutic agents with potential applications in treating depression, anxiety, and other mental health conditions. Its oxalate form enhances solubility, making it more suitable for experimental studies and drug formulation processes.