This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting neurological disorders. Its unique spirocyclic structure makes it valuable for designing compounds with enhanced selectivity and potency for specific biological targets. Researchers often employ it in the creation of novel drug candidates, especially for conditions like depression, anxiety, and other central nervous system-related diseases. Additionally, its hydrochloride form improves solubility, facilitating easier handling and formulation in laboratory settings.