This compound is primarily used in pharmaceutical research and development, particularly in the synthesis of bioactive molecules. It serves as a key intermediate in the production of compounds targeting neurological disorders, such as Alzheimer's disease and schizophrenia, due to its spirocyclic structure, which is often associated with enhanced binding affinity and selectivity. Additionally, it is employed in the preparation of ligands for receptor modulation, aiding in the study of complex biological pathways. Its hydrochloride form ensures stability and solubility, making it suitable for various experimental and industrial applications in drug discovery.