This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its spirocyclic structure makes it a valuable scaffold for developing compounds with potential therapeutic effects, such as anxiolytics, antidepressants, and antipsychotics. Additionally, it is explored for its role in modulating specific receptors or enzymes in the central nervous system, contributing to the development of novel drugs for mental health conditions. Its hydrochloride form ensures stability and solubility, facilitating its use in experimental and industrial applications.