Primarily used in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its spirocyclic structure is particularly valuable in the development of drugs targeting the central nervous system, where it can enhance receptor binding and stability. Additionally, it is employed in the creation of novel compounds with potential applications in treating neurological disorders, such as anxiety and depression. Its hydrochloride form improves solubility, making it more suitable for formulation and testing in drug development processes. Researchers also explore its utility in designing ligands for specific receptors, aiding in the study of biochemical pathways and drug mechanisms.