This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its unique spirocyclic structure makes it valuable for developing compounds with potential biological activity, particularly in the design of drugs targeting the central nervous system. It has been explored for its role in creating molecules that interact with specific receptors or enzymes, which could lead to treatments for neurological disorders. Additionally, its hydrochloride form enhances solubility, making it more suitable for formulation in drug development processes. Researchers also investigate its potential in creating novel therapeutic agents for conditions such as anxiety, depression, and chronic pain.