This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure, featuring a spirocyclic system, makes it a valuable intermediate for creating molecules with potential therapeutic effects. It is often explored in the design of central nervous system (CNS) targeting drugs, such as those for neurological disorders, due to its ability to interact with specific receptors in the brain. Additionally, it serves as a building block in organic synthesis for constructing complex heterocyclic compounds, which are essential in medicinal chemistry for developing treatments for various diseases. Its hydrochloride form enhances solubility, making it more suitable for experimental and formulation purposes.